11 October 2001, 12:21 U.S. share prices rallied sharply Wednesday
benefiting from rotation out of cash and back into the market. The Dow Industrials rose 188.42, or 2.1 percent, to 9240.86, while the Nasdaq Composite rose
56.07, or 3.6 percent, to 1626.26. The Dow is off 3.8 percent since
Sept. 11, while the Nasdaq is down 4.1 percent. Volumes were active but
not heavy, likely limiting spillover momentum from the session. "Some
money is being put back to work. Given the fiscal and monetary stimulus,
people are counting on an economic recovery next year," said Ryan Beck
trader Jay Suskind.
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