Windows of Opportunity: Microsoft Ruling Gives Market a Needed Shot of Adrenaline

Animal spirits, anyone?

It did nothing to alter the malaise that has lain over the U.S. economy. In no way were the inventory overhangs and capacity excesses that are grinding into profits reversed. But today's decision by a U.S. appeals court to overturn a ruling splitting Microsoft (MSFT Quote) helped light a fire under the stock market nonetheless.

"This is something we've been waiting on for over a year," gushed C.E. Unterberg Towbin head of trading Brian Finnerty. "It's a big, big positive."

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