Morning Movers
Market volatility and uncertainty riveted the market place yesterday, and for that matter the past few weeks, which caused investors heart stopping and panic throughout the day. This morning the Fed lowered its over night interest rate a half point to 5.75, down from 6.25 percent. In pre-market activity investors were looking to capitalize on this fairly generous news by the Fed, which caused the Dow to jump 315.48 points higher in opening minutes on Friday. Both the Nasdaq composite and the Standard and Poor’s 500 are up 72.10 and 37.32 points respectively. Although this is outstanding news, considering yesterday’s…