Markets Try For Last-Minute Rally
With less than an hour left on a disastrous trading week, Wall Street is trying to mount a face-saving rally.
By about 3:20 p.m., the Dow was well up off its session lows, and flirted with rocketing toward even on the day before dropping back down to about 144 points down on the day.
Hey, it's the new normal.
And it was enough to spur cheering on the floor of the New York exchange.
The Nasdaq is doing the same but the S&P 500 is lagging behind.
-- Frank Ahrens
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Posted by: John H. | October 10, 2008 3:28 PM
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