Market rebounds, with indexes up 1 pct (Reuters) / Wednesday, January 07, 2009

Market rebounds, with indexes up 1 pct (Reuters)

October 31, 2007

Traders work on the floor of the New York Stock Exchange in New York, October 26, 2007. (Jeff Zelevansky/Reuters)Reuters - Stocks rose on Wednesday, with all
three major indexes up more than 1 percent, sharply rebounding
from an initial decline following the Federal Reserve’s cut in
interest rates by 25 basis points, as expected.