Bulls Trample Fearful Futures

Monday's surprise bull run has some people questioning the value of those early morning stock futures quotes.

The Dow Jones Industrial Average was up 18 points at 12,131 around midday Monday. The blue-chip index reversed an early loss of 75 points and recouped a bit of last week's sharp declines.

The market's resilience points to the huge amount of cash on hand at mutual funds and institutional investors. It shows that even after last week's turmoil, there are lots of investors looking for stock market bargains. ...