Was The Stock Market Rally “Real”?
Posted on November 14, 2008 at 08:53 AM EST
What a wild day on stock markets yesterday! At one stage the Dow Jones Industrial Average plunged to below 8,000 to a five-year intraday low, but staged a spectacular rally late in the session to close 553 points (6.6%) up on the day. The S&P 500 Index moved in tandem to ...