Investors continued buying after a brief pullback as they sorted out testimony today from Fed Chairman Ben Bernanke. Early morning news of a rate cut in China was the catalyst for a positive end to the trading session. Heading into the last hour of trading, the Dow rise nearly .9%, [...]
Archive for June 7th, 2012
Does this relief rally of the past two days have legs?
Energy stocks have struggled mightily so far in 2012, as soft demand for petroleum products and progress towards alternative sources of energy have weighed on this sector. Despite the recent challenges, …