NEW YORK (AP) -- Wall Street got back to focusing on the economy
instead of the Federal Reserve on Tuesday, sending stocks
higher.  The major U.S. stock indexes closed higher, with the
Dow Jones industrial average shooting up 100.75 points, or 0.7
percent, to 14,760.31.    Some investors have concluded that the
recent sell-offs were overblown. Quincy Krosby, a market
strategist at Prudential Financial, guessed that shorter-term
traders were the ones buying stocks Tuesday because they judged
that parts of the market were "oversold."   Ben Schwartz, chief
market strategist at Lightspeed Financial in Chicago, described
Tuesday as a day for the market to stabilize after the recent
big plunges. But he predicted that the market could be volatile
for the rest of the year, and others said they thought the stock
indexes had already reached their high points.