The Stock Playbook 10/31/08

The market closed out a horrendous October, its worst month in 21 years, with an advance Friday as more investors took chances on stocks turned into bargains by waves of intense selling. The advance, which gave the market its first back-to-back gains in more than a month, fed hopes that Wall Street has indeed found a bottom.  We're not so sure.  The Dow rose 144.32, or 1.57 percent, to 9,325.01 after rising as much as 274 and falling 62.  The S&P 500 rose 14.66, or 1.54 percent, to 968.75, while the Nasdaq climbed 22.43, or 1.32 percent, to 1,720.95.

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Duration: 02:11




Posted 10-31-2008 5:12 PM by Dave Dispennette