Business - Google News

Tuesday, October 28, 2008

After 5 year low, Wall Street Recovers!


Sounds good news to US investors! The Wall Street is reportedly rebounded from its record of five year low and negative tradings.


Short-term challenges include the initial read on economic growth in the third quarter, due out on Thursday. Economists expect an 0.5% rate of decline after GDP grew at a 2.2% annual rate in the second quarter.

Next week's presidential election and October jobs report are also big potential momentum changers.

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