Thursday, Mar 01, 2007
U.S. Stocks Rebound From Plunge; P&G, Sprint, Merck Lead Gains
Bloomberg: U.S. Stocks Rebound From Plunge; P&G, Sprint, Merck Lead Gains
Feb. 28 (Bloomberg) -- U.S. stocks rebounded from their biggest plunge in four years after Federal Reserve Chairman Ben S. Bernanke said the economy will continue growing and the nation's largest financial institutions advised investors the bull market isn't over.
Posted by steve @ 02:01 AM (143 views) Add Comment
2 Comments
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1. Rimmer said...
Federal Reserve Chairman Ben S. Bernanke said the economy will continue growing and the nation's largest financial institutions advised investors the bull market isn't over.
Well he would now wouldnt he, being in the position he is hardly likely to say the "R" word and tell investors the markets peaked go put your money elsewhere!
2. dohousescrashinthewoods said...
Er, FT is reporting a "cautious recovery" and the graph looks essentially flat. "Rebound" sounds overly upbeat.