Wall St. Smells A Rate Cut

By | September 12, 2007

Wall St. Smells A Rate Cut

Sep 11 – Rate cut hopes plus strong corporate news equaled a rise in stock prices on Tuesday, the sixth anniversary of the Sept. 11 attacks.The blue-chip Dow rose 180 points to 13,308. The broader S&P 500 rose 19 points to 1,471. The tech-based Nasdaq tacked on 38 points to 2,597.

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