Stocks Turn Positive

Feds Need to Start Buying Troubled Assets -- Fast Feds Need to Start Buying Troubled Assets -- Fast Sign up now for FREE SmartMoney.com Newsletters Active Discussions on SmartMoney Crude Falls Again: Oil futures drop to near $79 a barrel. GE Meets Forecast: Profit fell 22% in Q3, even as sales rose. The Lowdown A late rally lifted the major indexes back near the line, capping Wall Street's dismal week with a thrilling close. With less than a half hour left in the session Friday, stocks turned mixed, offering traders one final surprise in a week full of superlative losses and dramatic intraday swings. By 3:52 p.m., the Dow Jones Industrial Average stood down just 53 points at 8526. It was a stunning turnaround for the index, which twice fell below 8000 earlier in the day. The broader indexes staged comparable recoveries. The... [read full story]