(Bloomberg) Bank of America Corp. and Morgan Stanley's monthlong rally, propelled by an emergency limit on short-selling, may end as the rule's expiration lets investors redouble bets that losses will mount.
Mortgage underwriters Freddie Mac and Fannie Mae and 17 brokerages resume trading today freed from the Securities and Exchange Commission's restriction aimed at preventing stock manipulation. The group's shares rose by an average of 17 percent since the SEC's action on July 15.
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