Monday, July 30, 2007

Wall Street set to open firmer after sell-off

(Reuters) - "This isn't a turnaround of the downward trend. This is just a small technical market reaction, which is not based on economic fundamentals," said Lutz Roehmeyer, a fund manager at LBB Invest.




U.S. stocks plunged for a second day on Friday as tightening credit conditions led to concerns that takeovers would slow.


Read more at Reuters.com Bonds News

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