Ambac jumps late

Hopes for a bailout of bond insurer Ambac Financial Group sparked a late rally in the financial sector, helping the whole market finish higher after a day in the dumps. Until this week, investors' primary economic fear has been the possibility of a recession, but in recent days inlation has been the larger fear, with oil hitting record highs. Market participants widely anticipate the bank to cut the target rate as low as 2.5% at its next meeting, which if it happens, will spark up more worries about inflation. Have a safe weekend!! DJIA +96.72 Nasdaq +3.57 S&P 500 +10.58