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February 26, 2003

Don't count on stock rally if war worry ends

  • Stocks surged after the start of the Gulf War, but many of the fundamentals that drive the market today remain in trouble.
    • By RACHEL BECK
    AP Business Writer

    NEW YORK -- In the stock market, just as in life, things don't always go as planned. So don't be so sure of a super-sized rally on Wall Street once the uncertainties of war subside.

    Sure, that's what has happened in the past. Stocks fell on worries over the Gulf War a decade ago and then started surging soon after the first shots were fired.


     
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