One reason for Wednesday's triple-digit rebound -- with some 100 points gained in the
final hour of trading alone, is that volume again is light -- which tends to skew the
market's movements. Advancing issues led decliners by about 5 to 1 on the New York Stock
Exchange, where consolidated volume came to 2.77 billion compared to 2.35 billion on Tuesday.
"He hasn't spoken on the economy in about a month and a half, and it's clearly incumbent
upon him to make some kind of statement,"
Thursday, August 30, 2007
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