Oct. 30 Greenspan testifies in Congress. On the trading floor, reason makes a welcome return. Hard-Hit HMO misses most of rebound. Peg to U.S. currency maintains confidence in Hong Kong. The U.S. market staged a dramatic recovery , while Asian stocks climbed.
Global traders bet big on bonds .
The woes on Wall Street didn't shake the city's retailers. October can be a financially cruel month . Fed sees a benefit in slower economic growth. China has huge stakes in the outcome of Asia's stock crisis. Panic selling in Hong Kong is checked by U.S. market surge.