Stock Market Swings Higher On Fresh Fed Easing Hopes
The market got some helpful jawboning from political leaders over the deadlock on taxes and federal spending as the major averages staged a timely upside reversal. Leading stocks behaved well. But a few recent breakouts are testing investors' nerves. The Nasdaq battled its way from an early 1.1% drop to end 0.8% higher. This was an impressive gain, especially considering that Apple (AAPL) did not participate. The Nasdaq's largest component slipped
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