Investment Figures Of The Week
The bond market continues its wild, wild ways. The euphoria over the Fed's inflation-fighting rate hike died quickly, and bond prices and yields made huge day-to-day changes. The equity crowd was more upbeat. From the Dow industrials down to the Russell 2000, stocks made gains of about 0.6% for the week. One star was IBM, which was up nearly 5% for the week and reached its highest level in 18 months. Overseas, Japanese stocks rallied on prospects for a resumption of trade talks with the U.S.
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