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Wall Street ended the calmest session in recent memory with a narrowly mixed performance Monday as investors looked past a weak reading on the manufacturing sector and focused on the election.hr noshade size=1 width=50%>
Investors believing that Wall Street is on the verge of a yearend rally piled into the market Tuesday, brushing off more weak economic data while they scarfed up stocks and propelled the Dow Jones industrials up 300 points to its highest close in four weeks.hr noshade size=1 width=50%>
The reality that the U.S. is indeed in recession and that the downturn may well be prolonged sent Wall Street plunging Monday, hurtling the Dow Jones industrials down nearly 700 points and wiping out more than half of last week's big gains.
The U.S. economy has been in a recession since December 2007, the National Bureau of Economic Research said Monday.hr noshade size=1 width=50%>