(Reuters) - The indicators helped soothe concerns that investment banks could face heavy losses on subprime mortgages as two Bear Stearns Cos. hedge funds struggled to remain afloat.
After choppy trading in the first half of the session, indexes turned higher following a report that showed manufacturing activity in the Mid-Atlantic region grew at its fastest pace in two years, boosting technology and other economically-sensitive shares.
Read more at Reuters.com Hot Stocks News
After choppy trading in the first half of the session, indexes turned higher following a report that showed manufacturing activity in the Mid-Atlantic region grew at its fastest pace in two years, boosting technology and other economically-sensitive shares.
Read more at Reuters.com Hot Stocks News
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