Wall Street rallies for second straight day
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Stocks rallied for a second day on Wednesday as investors bet the Federal Reserve's aggressive rate cut would help prevent an economic slowdown.
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NEW YORK Wall Street extended its rally into a second day yesterday, supported by falling oil prices and a bullish economic assessment by a Federal Reserve official.
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NEW YORK: Wall Street resumed its year-end rally on Tuesday, bolstered by a new report which showed consumer confidence had jumped sharply in recent weeks.
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US stocks were higher on Tuesday, amid a broad-based rally that included a rebound in the battered financial sector.
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U.S. stocks resumed their rally on  Tuesday and shot to fresh year highs, as sharply stronger  consumer confidence data cheered investors and boosted shares  of retailers, while Internet stocks gained after a brokerage's  upgrade of Web retailer Amazon.com Inc. AMZN.O.
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Stocks rallied Wednesday, pushing the Dow Jones industrial average to a new all-time record and the S&P 500 to a fresh 6-1/2 year high, after investors cheered comments from Federal Reserve Chairman Ben Bernanke.
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Stocks rose on Tuesday as expectations the Federal Reserve will slash interest rates for the second time in a week boosted banks, insurers and home builders.
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Stock index futures rose on Thursday,  indicating the rally on Wall Street may continue for a fourth  consecutive day as investors focused on fresh jobs data and  kept a close eye on the struggling financial sector.
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U.S. stocks rebounded on Friday after   two consecutive days of losses, with steadily declining oil   prices seen offsetting inflation fears roused earlier in the   week.
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U.S. stocks climbed on Wednesday, pushing the Dow to an all-time high for the second day in a row and driving the Nasdaq up more than 1 percent, as data showing a weaker-than-expected services sector calmed inflation fears and added to hopes the Federal Reserve will keep interest rates unchanged.
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Wall Street stocks rebounded on Wednesday morning, following sharp falls in the leading indices on Tuesday.
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Shares of Google are on the way up again on their second day of trading.
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Wall Street rallied for a second day yesterday after easing wage pressures and stronger-than-expected activity in the service sector raised prospects that the Federal Reserve might have room to lower interest rates next year.
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Blue chips rallied Wednesday afternoon, with the Dow bouncing back from a more than 300-point loss earlier in the session, while the Nasdaq erased losses sparked by Apple's profit warning.
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The Dublin market began its second straight day in positive territory this morning as buyers returned to banking stocks and as Elan shares continued to rise.
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Wall Street resumed its year-end rally today, bolstered by a new report which showed consumer confidence had jumped sharply in recent weeks.
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Wall Street bounded higher for the second straight day yesterday as investors reveled in sharply falling oil prices and the probusiness agenda of the second Bush administration. The Dow Jones industrials gained more than 177 points for its best day of 2004, while the Standard &amp; Poor's 500 closed at its highest level since early 2002.