Fact or fiction

Stocks grew throughout the morning, reaching a peak around 1:00, but tumbled quickly afterwards due to market rumors. A rumor that Goldman Sachs Group planned to liquidate its famed Alpha Fund may have contributed to the late-day swoon, even though the rumor proved to be false. The markets quickly snapped back, after a few other rumors were dismissed, ending the day on a positive note. The Nasdaq stole the spotlight Wednesday, finishing more than 2% higher than where it began. DJIA +153.56 Nasdaq +51.38 S&P 500 +20.78