Monday’s Market Recap: Fed Hints At Interest Rate Cut
Posted on October 27, 2008 at 19:29 PM EDT
Monday’s market once again experienced relatively high volatility as the Dow (^DJI) traded in a range of 4.8% before settling down 202 points, or 2.42% at the closing bell. All three major indices spiked during midday trading from positive news about September new home sales, but proceeded to fall after the initial bullish ...
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