- Personal Finance
Stock Futures Rise as Wall Street Eyes a Rebound 8:27am 8-29-07
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.
The question is will this be a turn-around or what they call in the trade a "dead cat bounce?"