Microsoft Creates Some Legal Drama and Markets Recover (HPQ, INTC, & PAR)

The markets made a nice recovery today as all major indices posted gains. The Nasdaq roared back from a sub-par session yesterday with a 164.84 point gain, and the Nasdaq jumped up 34.94 points to 2,153.63. The S&P 500 also rallied for a 17.37 point increase to close the day at 1,064.59 points. Today’s trading was probably considered a pleasant surprise for Wall Street considering the circumstances. Federal Reserve Chairman Bernanke offered some rather glum and uninspiring remarks about the economy, and Intel (INTC) scared off investors when it announced that it would most likely miss revenue estimates. However, the session managed to stay up beat, and close the week on a high note. The dollar gained against the yen but fell slightly against the euro

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