U.S. stocks rally, Dow up nearly 250 points

4:06 pm ET Aug 29, 2007

DJIA

13,289

+247.44

S&P

1,463

+31.40

NASDAQ

2,563

+62.52

10Yr

4.55%

+0.023

U.S. stocks rally, Dow up nearly 250 points

NEW YORK
U.S. stocks rallied across the board Wednesday, in sharp contrast to the
steep decline in the previous session, boosted by strong gains in
technology and energy shares as well as particularly light trading
volume.

The Fed: New mortgage products could help, Bernanke says

WASHINGTON
The private sector and Congress should create new, affordable mortgage
products that would help some homeowners refinance their mortgages and
keep their homes, Federal Reserve Chairman Ben Bernanke suggested in a
letter released Wednesday.
Due Diligence: State Street dogged by concerns over conduits' commercial
paper

BOSTON
State Street Corp.'s stock has come under pressure this week with credit
markets gyrating as investors try to ascertain the financial services
giant's exposure to off-balance-sheet "conduits" that issue commercial
paper.

Apple sets off iPod rumors; event set for next week

SAN FRANCISCO
Apple Inc. shares got a bump Wednesday amid fresh speculation about
upcoming changes to the company's popular iPod digital music player that
may be announced next week.

Life Savings: How to keep the 'entitlement epidemic' from infecting your
family

SAN FRANCISCO
At a time when the coolest electronic gadgets are branded with a
self-centered "i," it's no wonder that so many kids and adults believe
they're entitled to the best, latest, hippest, greatest -- and to have
it first.