Stocks Recover Amid Bargain Hunting

The major U.S. indexes came back after interest-rate hikes in Europe and Korea rattled world markets. Crude futures eased on news of terrorist Abu Musab al-Zarqawi's death

Stocks finished mixed, recovering in the afternoon from heavy losses in early trading Thursday on bargain hunting after four days of losses and speculation the indices had reached a near-term bottom, says Standard & Poor's Equity Research. Global markets got slammed Thursday amid fears the uptrend in interest rates globally will drain liquidity from the markets, says S&P.

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