Five Sparks for a Stock Market Comeback
Even in the midst of the biggest drop in nonfarm payrolls in 34 years, (BusinessWeek.com, 12/5/08), major U.S. stock indexes rallied on Dec. 5 and extended their gains on Dec. 8. Though the November employment report was grim, investors appeared to be emboldened by President-elect Barack Obama's promise over the weekend to deliver the biggest government stimulus package seen in 50 years to get the economy moving again.
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