U.S. stocks rallied, erasing yesterday's tumble, sparked by the biggest advance in U.S. Steel Corp. in seven years and falling oil prices. Financial shares rose for the first time in four days, as Merrill Lynch & Co.'s plans to sell shares and liquidate bonds bolstered speculation that Wall Street is overcoming failed subprime bets. Bloomberg's Cris Valerio reports.
Rating:  (0 ratings) |
Views: 53 |
Added: Jul 30, 2008 |
| Category: Business |
|
|
|