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Stocks Rally Brightens Sentiment Amid Questions of Sustainability
The Dow rose 447.49 points to 8,711.88 after a 488-point bounce, with the Nasdaq and S&P 500 also gaining as investors hope a bottom is in. Analysts warn gains may fade if earnings worries persist and market momentum slows. Some say the bounce is technical and oversold, urging caution after a 1,000-point rise from the prior low.
MENTIONED IN THIS ARTICLE
New York
Pal
Williams Capital Group
Monay
John C. Forelli
Independence Investment LLC
Boston
Susan L. Malley