On the upsideFord (NYSE: F) posted a $1.4 billion quarterly loss, but the automaker expected to return to profitability without having to draw from federal bailout funds. The stock surged.
On the downside
the broad market, advancing issues outpaced decliners by a margin of more than 3 to 1 on the NYSE and by more than 2 to 1 on Nasdaq. The Russell 2000 which tracks small cap stocks rose 2 points to 469.