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November 21, 2008


more from wall street
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After a brutal two-day sell off, stocks rebounded in early trading today in a burst of bargain hunting. Traders are taking advantage of losses that saw the Dow Jones industrial average slip below 8,000 for the first time since 2005 to pick up cheap stocks. Investors had fled the markets this week as hopes of a bailout for the auto sector faded and fears about the stability of the financial sector grew, but set those fears aside this morning. The Dow was up 1.8 percent or 140 points, while the Standard & Poor's 500 index was up 2.5 percent or 19 points. The ... (more)

via http://www.washingtonpost.com/...(more)



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