Business: Hopes for a Bull Market

Despite a drop and dreary news, signs of resilience on Wall Street

Whatever the calendar may say, for many business people the day after Labor Day marks the start of a new year — the end of the slow season, a time of fresh beginnings. But this new year opened with a disquieting week of turmoil. As nervous investors continued to convert cash into inflation-proof tangible assets, the price of gold shot up to a wallet-popping $341 an ounce before settling back at week's end to $329. The Dow Jones industrial average, which had been rising since July, plunged 15 points in...

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