Tuesday, July 31, 2007

Stocks rebound after major selloff




Jul 30 - Stocks closed higher on Monday on the heels of one of the worst weekly selloffs in nearly five years.The Dow surged 93 points. The Nasdaq added 15 while the S&P 500 gained 21.

Ingersoll-Rand lifts industrial stocks.
Reuters Estimates revises Q2 profit growth higher.
American Home Mortgage shares plunge 40%.

Jeanne Yurman reports from New York.

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