XJO 1.29% 7,861.2 s&p/asx 200

from: Alexandra Twin, CNNMoney.com senior writer:"Additionally,...

  1. 413 Posts.
    from: Alexandra Twin, CNNMoney.com senior writer:

    "Additionally, Tuesday's advance was largely fueled by short-covering, analysts said, and that didn't extend into Wednesday's session. Short covering is when investors who sold shares short to take advantage of a falling market have to buy them back.

    Looking forward, stocks are in for more volatility through the end of the year, said Peter Cardillo, chief market economist at Avalon Partners. "We still have the same problems we had a week ago."
 
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