понедельник, 5 марта 2012 г.

Stocks Try to Recoup on ISM Report

NEW YORK - Wall Street tried to stage a comeback Thursday, with the Dow Jones industrials erasing much of a 209-point drop after an upbeat assessment of manufacturing activity eased some fears about a flagging U.S. economy.

Investors showed their relief about manufacturing by buying some of the stocks that were pummeled in Tuesday's drop that sliced 416 points off the Dow. Fears about the U.S. economy contributed to that plunge, and a halfhearted rebound on Wednesday followed soothing words from Federal Reserve Chairman Ben Bernanke.

The Institute for Supply Management's index of manufacturing activity came in at 52.3, stronger than the 50.0 reading analysts expected. The …

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