Specialist Gregg Maloney, left, and trader John Panin work on the floor of the New York Stock Exchange Monday. U.S. stocks and bonds rose sharply in early trading after former Treasury Secretary Larry Summers withdrew from the race to become head of the Federal Reserve.
Specialist Gregg Maloney, left, and trader John Panin work on the floor of the New York Stock Exchange Monday. U.S. stocks and bonds rose sharply in early trading after former Treasury Secretary Larry Summers withdrew from the race to become head of the Federal Reserve.