The market is up quite considerably this morning. All indexes are up over 1.2%, and Nasdaq fared the best with 1.6% gain. The optimimum is caused by the good earning reports from many major pharma companies, as well as buy outs, such as (AMD) is buying (ATYT). (HCA) is being acquired by investment groups.
Is this the signal for the market coming back? We all wanted to know. I would wait and see the next few days to see if we have more follow thrus.
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