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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (32217)7/11/2000 1:09:10 PM
From: IQBAL LATIF  Read Replies (2) | Respond to of 50167
 
<<Stocks rallied strongly at midday on Tuesday, cheered by Federal Reserve Chairman Alan Greenspan's upbeat views on productivity growth.

Investors took their cue from the central bank chief's comments that the surge in the nation's productivity showed little signs of slowing.

Greenspan bolstered Wall Street hopes that interest rates would remain unchanged when the Fed's rate-setting panel meets on Aug. 22.>>