the market acknowledges that this is going to be a long drawn out process. However, we are on the right path.
investors took signs of easing in the credit markets as evidence that government measures to revive the battered financial system are taking hold.
Investors shaken by extreme volatility over the past few weeks turned more optimistic as bank-to-bank lending rates eased further.
This has helped to temper recession worries, but Federal Reserve Chairman Ben Bernanke still warned that the economy is likely to be "weak for several quarters, and with some risk of a protracted slowdown."
"The market liked what Bernanke had to say, and there were hints that he's leaving the door open for further moves in terms of rate cuts or economic stimulus
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