Summary
NEW YORK - Stocks shook off early losses and closed higher Wednesday after Federal Reserve Chairman Alan Greenspan delivered an upbeat assessment of the economy and Wall Street focused on solid earnings reported by a growing number of companies.
The Nasdaq composite index and the Standard & Poor's 500 hit four- year highs.See the full content of this document
Extract
Greenspan's Decree Sends Stocks Higher
The market opened lower as investors punished Intel Corp. and Y...
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