NEW YORK — With the long-awaited "Showdown with Saddam" now finally under way, financial experts, and the equity markets, appear convinced that confrontation beats expectation.

As U.S. and British bombs fell on Baghdad Friday, U.S. stocks went in the opposite direction, posting nearly a 3 percent advance that elevated the Dow Jones Industrial Average more than 8 percent for the week, its strongest advance in 21 years.

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