Wall Street came to life late yesterday, but traders said there was little hard news to account for the broad rally.

Gold jumped more than $5 an ounce, but a broad rally was not detected.

The report produced a broad rally in auto stocks.

Bond prices fell sharply on a broad rally in stocks.

But buyers outside the technology sector soon asserted themselves, setting the stage for what became a broad rally.

The dollar staged a broad rally after Germany cut interest rates.

Stocks shot higher yesterday in a broad rally that sent the three major measures up more than 5 percent.

"That took some of the uncertainty out of the market and we had a pretty broad rally."

Gold had its third consecutive annual gain in 2003, the first such broad rally since the late 1980's.

The stock market closed mixed after a broad early rally failed to hold.