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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: Peter V who wrote (4163)11/12/1999 4:17:00 PM
From: RockyBalboa  Read Replies (1) | Respond to of 19428
 
Say thankyou there:


NEW YORK, Nov 12 (Reuters) - U.S. blue-chip stocks surged to session highs in late trading on Friday
as bank shares soared following the signing into law of a bank reform bill.

The Dow Jones industrial average (^DJI - news) was up 110 points, or 1.04 percent at 10,705 after
bouncing back from a low of 10,542.

Bank stocks were boosted news that President Bill Clinton signed into law U.S. banking legislation that is expected to fuel mergers in the
financial industry.


biz.yahoo.com

Looks like it was a nice effort to round up cheaper shares in the morning. Too bad that the end of day rallye didn't apply to European ADRs.