5 September 2002, 12:57  Recovery in stocks

US stocks managed to correct the severe losses of Tuesday, mainly supported by robust car sales data: DJ +1.41% at 8,425.12 pts, NASDAQ +2.25% at 1,292.31 pts and S&P 1.75% at 893.40 pts. Stocks were not particularly affected by President Bush declaring "Saddam Hussein is a serious threat. He is a significant problem. And it's something that this country must deal with". The Nikkei corrected the sharp fall of the last seven days: +1.62% at 9,222.12 pts. //www.idealforex.sg-ib.com

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