That news and the Fed's statement appeared to cheer investors.
Word that the deal had been abandoned cheered investors in Republic shares.
And who could forget the picture of gullible Wall Street analysts cheering investors into the company even as it was flaming out?
Mr. Wendt's appointment cheered investors, who bid the stock up on his hiring.
Mr. Wendt's hiring in 2000 cheered investors, even though his contract was among the most valuable ever given to a new chief executive.
For several months those bills have held up action to revive the economy, so the sign of movement, even if the legislation is weakened, cheered investors.
That news cheered investors, and Viacom class B shares rose $1.625, to $41.875.
Not even the government's recent efforts to step up the pace of privatization have cheered investors.
That cheered investors, who sent its stock price up 1.53 percent yesterday.
A deeper look at the economic data apparently cheered investors.