KNTV Early Today August 10, 2011
ride on wall street yesterday, but after being beaten and battered on monday, bargain hunters pushed markets to finish tuesday with impressive gains. nbc's steve handelsman has more. >> reporter: the stock markets were bouncing back the day after the big drop as federal reserve policymakers met in washington and decided against new intervention. the fed will keep interest rates superlow as a stimulus for two more years and not buy more u.s. bonds. >> the fed is out of bullets. anything additional it can do has marginal consequences. >> reporter: hearing a negative economic prediction...