... So that You may be kept informed

Wall Street rebounds from brutal selloff


03 Dec 2008 1:47 AM

US share prices have rebounded modestly at the open .. as the market licked its wounds after a brutal session that saw investors panic in the face of fears of a deep recession.

The Dow Jones rose 62.20 points .. 0.76 per cent .. to 8,211.29 in the first trades .. after a horrific 679-point loss on Monday.

The Nasdaq climbed 18.92 points .. 1.35 per cent .. to 1,416.99 and the S and P's 500 added 10.46 points .. 1.28 per cent .. to 826.67 .. after both fell more than eight per cent on Monday.