Bulls Sidestep Shanghai, Rally on Minutes (Posted 5/30/2007)
Posted on May 30, 2007 at 19:55 PM EDT
Stocks overcame early pressures from a sell-off in China and finished solidly higher, rallying in the afternoon following the release of the FOMC minutes. The Dow Jones Industrials led the advance, posting a triple-digit gain, while the late-day rally boosted the S&P 500 Index to an all-time closing high.