Stocks bounce higher as bond woes ease
NEW YORK (AP) - Wall Street ended its worst January since 1990 with a huge advance Thursday after investors set aside worries about bond insurers and grew more optimistic that the Federal Reserve's interest rate cuts will indeed help lift the economy
Thats good news for investors even those with 401s. That money is invested in stocks and bonds and up are better than downs. I hate to see losses on my statements.