Monday, Jan 28, 2008

Wall Street Advances After Big Drop in New Home Sales, Disappointing Earnings

Yahoo - AP: Stocks Rise on Rate Cut Hopes

A jittery Wall Street advanced Monday, fighting to reverse Friday's sharp losses as investors took a dismal new home sales report as a sign that the Federal Reserve will lower rates this week.

Posted by stevie dee @ 05:40 PM (150 views) Add Comment

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