31. Soaring prices were caused by the belief that corporate profits should stage a strong recovery this year. 32. SOME OPTIMISM FOR BIOTECH The biotech industry has had a bit of a resurgence this year as the stocks of several companies have posted strong recoveries. 33. Some investors returned to the shares that are expected to benefit most from a strong economic recovery, traders said. 34. Stocks bounced back Tuesday, led by a strong recovery in prices of computer-related and Internet issues. 35. That pattern reversed only after the bond market staged a strong recovery. 36. The acquisition spree has come amid a strong recovery in the New York property market. 37. The report reiterated recent central bank comments that monetary policy is set to ensure a strong recovery. 38. The strong recovery has spread throughout the region, even to states like Connecticut and Rhode Island that have lagged behind in recent years. 39. The strong national recovery has lifted confidence readings throughout the country. 40. This year begins with the economy in recession but Wall Street is confident the end of the downturn is near and a strong recovery will follow. |