Investment Figures Of The Week
COMMENTARY The economic news was awful--rising unemployment and sagging auto sales. The financial markets looked to the Federal Reserve to ease monetary policy some more--but the central bank failed to do so. Stocks tumbled, with the Dow dropping 45 points on Apr. 9. Bonds were creamed, too, that day. For the week, small-cap stocks displayed resilience. The Russell 2000 gave up 0.4%--only one-fifth the loss of the Dow. With trading volume high, brokerage stocks continued to shine.
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