Friday, August 3, 2007

Wall St shaken by late-day market surges

(Reuters) - U.S. stock prices jumped in the last half hour of trading on both Wednesday and Thursday, surprising traders as major market indexes had traded up and down through most of the two sessions.




The late surges have surprised traders, who don't see a catalyst for the jump. The gains may falsely indicate in easing in investor skittishness over a tightening of credit, when in fact concerns may still abound.


Read more at Reuters.com Business News

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