Stock Watch: Investors Foraging for Bargains End Wall Street Slump
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Summary
NEW YORK - Wall Street reversed a three-day slide Wednesday as investors returned to the market in search of bargains, shrugging off high-tech profit warnings and an analyst downgrade of Internet stocks.
The advance had little conviction behind it, however, as volume remained light and the major indexes lost more than half of their earlier gains. Investors were generally making few big moves as they awaited second-quarter earnings, including results from Yahoo! Inc. and Alcoa Inc. that were released after the close.See the full content of this document
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Stock Watch: Investors Foraging for Bargains End Wall Street Slump
But analysts said investors were making some bets on hopes for strong second-quarter results overall. A sli...
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