Showing posts with label economic losses. Show all posts
Showing posts with label economic losses. Show all posts

Thursday, November 1, 2012

Sandy spending hopes drive rally for recovery companies

(Reuters) - Hurricane Sandy has caused tens of billions of dollars in damage up and down the U.S. East Coast, but the recovery and reconstruction spending that will follow could pump an almost equal amount right back into the economy, driving a rally for some stocks as markets reopened on Wednesday.