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Stock Futures Rise as Wall Street Eyes a Rebound 8:27am 8-29-07

Updated on August 29, 2007

Stock Futures Rise in Anticipation of Rebound

Reuters, 8:17am: Stock futures rose this morning as Wall Street anticipates a rebound and investors search for beaten-down stocks after yesterday's big decline. Anticipation of a Federal Reserve rate cut may also be a factor.

http://www.nytimes.com/reuters/business/business-markets-stocks.html

The question is will this be a turn-around or what they call in the trade a "dead cat bounce?"

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    • ClicksnAds profile image

      ClicksnAds 9 years ago from Fairmount

      I don't look for the rise to last long.

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