Street Briefly Shakes the Bear Hug; Nike, Gap, Foot Locker Rise
Posted on November 16, 2012 at 09:11 AM EST
Investors awoke in a selling mood, but incremental news hinting at a possible path to resolving America’s deficit talks is helping lift sentiment this morning. The Obama administration is working on a plan to replace the large cuts imposed by sequestration with a smaller package of cuts, the Wall Street Journal reported. The Dow has [...]