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Dow Rallies 100 Points on Japan Power Line Report

In what may be the first hopeful bit of news coming out of the nuclear crisis in the past few days, AP is reporting that Tokyo Electric Power has almost completed a new power line that could restore electricity to the crippled nuclear power plants.

CNBC - Disaster in Japan - Japan Earthquake and Tsunami
CNBC - Disaster in Japan - Japan Earthquake and Tsunami

The electricity would revive the water pumps that would keep a steady supply of water supplied to the reactors.

No word on when the lines might be available. Officials plan to try it "as soon as possible."

The Dow, which was down nearly 300 points, has rallied over 100 points on this headline.

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