Experts warn bull market could end unseen forces loom
Philadelphia reports show the Dow at 6521.70 up 49.94 for the week and Nasdaq at a record 1292.61 up 18.25 while the S&P 500 climbs. Analysts say bull markets die when unseen shocks or shifts in earnings outlook disrupt bullish momentum, with funds flooding in and foreign central banks buying Treasuries as major drivers.
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GOP promises probe into Democratic fund raising
Republican senators condemned Janet Reno for not appointing a special prosecutor to probe Democratic fund raising. They pledged thorough hearings in Congress, arguing for independent investigations amid concerns of abuses in campaign fundraising. Senate leaders urged reconsideration and warned of renewed requests.
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