The Bulls Battle Back: US Stocks Recover As Trulia And Starbucks Shine
- Saturday, September 22, 2012, 2:01
- Market
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U.S. stocks battled early lows, climbing throughout the whole session to see the Dow reach positive territory. The day started out with the announcement that Bank of America would be laying off 16,000 workers which helped sink the market, but better than expected jobless claims and a Philly Fed index that came in ahead of the consensus estimate, along with a solid IPO pop for real estate research site Trulia, aided the recovery in risk assets.
http://www.forbes.com/sites/afontevecchia/2012/09/20/the-bulls-battle-back-us-stocks-recover-as-trulia-and-starbucks-shine/