Wall Street Nasdaq Hits 5-Year High in Stock Rally
Augusta Chronicle, The › April 01, 2006
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Summary
NEW YORK - Wall Street rallied back Wednesday as investors scared off by the Federal Reserve's assessment of the economy in the previous session regained their confidence and bid stocks higher. The Nasdaq composite index reached a five-year high as investors focused on technology and smaller company stocks.
The advance reflects investors' overall optimism about the economy and corporate earnings, although many remain concerned that rising borrowing and energy costs could weigh on both, analysts said.See the full content of this document
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Wall Street Nasdaq Hits 5-Year High in Stock Rally
"I think after yesterday's sell-off, when we turned o...
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