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Market Update Analysis: 
Dow, Nasdaq and S&P Rebound 1%
Author: 123jump.com Staff
123jump.com
Last Update: 4:12 PM EDT June 08 2007


Stock indexes rebound more than 1% after a three-day decline led by techs, banks and brokerage stocks. European markets closed lower tracking the early morning weakness in the U.S. trading. Late afternoon rally in New York was led by a failure of bonds to fall further. U.S. April trade deficit fell 6.2% to $58.5 billion. Deficit rose with all major trading partners in the month.

 

 

 

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