BioCentury
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Equity markets surge

December 5, 2000 8:00 AM UTC

All major stock indices bounced on Tuesday, led by a 10.5 percent move in the NASDAQ. The BioCentury 100 index rallied 6.4 percent, while the S&P 500 and DJIA added 4 and 3.4 percent, respectively. The buying was sparked by a Florida Circuit Court Judge's decision to deny a motion by the campaign for Vice President Al Gore to recount 14,000 ballots. Comments of a slowing U.S. economy by Federal Reserve Chairman Alan Greenspan also encouraged buyers. ...