Stocks: Little Reaction to D.C. Credit Confab
It was one part policy parley, one part political theater, and one part pep rally for a nervous investor class, but in the end, it didn't matter much to Wall Street. Major U.S. stock indexes finished mixed Tuesday as a much-publicized meeting among Sen. Christopher Dodd, chairman of the Senate Finance Committee, Federal Reserve Chairman Ben Bernanke, and Treasury Secretary Henry Paulson to discuss the current credit crunch produced little in the way of new information for anxious market players.
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