The recovery in stocks wasn't unexpected as carnage on Wall Street often attracts bargain hunters, though questions remain about how investors will proceed. Without a bailout plan in place to absorb soured mortgage debt and other bad loans from battered banks, investors are left wondering what might restore confidence in lending.
Tuesday, September 30, 2008
A pair of traders share a laugh on the New York Stock Exchange floor, Tuesday Sept. 30, 2008. Wall Street has ended sharply higher as investors bet that lawmakers will salvage a $700 billion rescue plan for the financial sector. (AP Photo/Richard Drew)