Small-caps and Stocks Surge

Small-cap funds surged, helping the Nasdaq gain 1.6% today. Investors hope this is the end of a slump that has caused many to panic. The gain in the market is largely due to positive earnings reports that were released today, particularly those reports from FedEx and Morgan Stanley. And in an effort to rebuild, Ford revealed their 2007 lineup of new models. Ford hopes to attract numerous new customers in the ever-growing competitive auto industry. DJIA: +104.62 Nasdaq: +34.14 S&P 500: +12.08