U.S. stocks gain on optimism over war news

Newswire

(Updates to late afternoon) By Haitham Haddadin NEW YORK, March 20 (Reuters) - Stocks rose in volatile late Thursday afternoon trade on investor hopes that a stepped-up U.S.-led assault on Iraq was going smoothly. "We're really hostage to the headlines," said Andrew Baker, senior Nasdaq trader at regional investment bank Wedbush Morgan in Los Angeles, adding that the market was supported by signs a full-scale attack has started. But he also sounded a cautious note. "You can ...

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