41. In one of the busiest sessions on record, financial markets rallied as the Clinton administration took quick action to aid Mexico. 42. In the broader market, U.S. stocks rallied as signs of tame inflation and strong profits heartened investors reeling from two weeks of tumbling prices. 43. In financial markets today, U.S. Treasury bonds rallied as Federal Reserve officials toned down their warnings about the threat of inflation. 44. In financial markets, bonds rallied as investors bet that the Fed will decide against raising rates this summer. 45. In the broader market, U.S. stocks rallied as an unexpected cut in Gererest rates promised faster economic growth in Europe and increased orders for U.S. exporters. 46. In the U.S., stocks rallied as Bristol-Myers Squibb Co. and other drugmakers gained on optimism that a spate of new products will boost earnings. 47. Investors rallied as expected to the weak report for July by the National Association of Purchasing Management. 48. Japanese bonds rallied as the Bank of Japan reassured investors that interest rates will probably stay at record lows. 49. Japanese government bonds also rallied as several discouraging economic reports dispelled concern that the Bank of Japan was ready to raise interest rates from historic lows. 50. Many computer technology shares rallied as investors bet that those companies will outshine an overall a cloudier economic climate, traders said. |