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Posted by admin on March 20, 2009 under News | 
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Wall St rally stalls
US stocks retreated today as the market digested a rally inspired by a Federal Reserve decision to pump another trillion US dollars into the financial system to fuel an economic rebound. At the closi…
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Citigroup pares earlier gains (Reuters)
Reuters – Shares of Citigroup pared earlier gains as the stock resumed trading before the opening bell.
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FOMC Throws a Wrench in the "Short Treasuries" Trade
Over the past several months we've heard repeatedly from the various regulators and authorities in Washington that they'll be using all the tools at their disposal to deal with the current crisis. Tod…
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SEC charges adviser to ex-NY official on kickbacks (Reuters)
Reuters – The U.S. Securities and Exchange Commission on Thursday charged the political adviser to New York state’s former comptroller for “corrupting the integrity” of the pension fund by taking kickbacks from companies seeking to manage its money.
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Market tipped to open higher on Wall St gains
stocks rose after the Federal Reserve surprised Wall Street when it said it will buy long-term Treasury bonds in an effort to revive the recession-hit economy.
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Asia, Europe markets edge higher after US rally (AP)
AP – Most Asian and European markets rose modestly Wednesday after an overnight surge on Wall Street, while Tokyo shares were buoyed by fresh support for the wobbly financial system from the Japanese central bank.
Posted by admin on March 19, 2009 under News | Be the First to Comment
N.Y. stocks turn higher on Fed plan to buy Treasury debt+
NEW YORK, March 18 (AP) – (Kyodo)(EDS: RECASTING WITH STOCKS' UPTURN) New York stocks recouped earlier losses and entered into plus territory in an initial response to the Federal Reserve's deci…
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Asia markets mixed after Fed’s $1.2 trillion plan (AP)
AP – Asian stock markets were mixed Thursday as investors digested the U.S. Federal Reserve’s massive $1.2 trillion spending plan to revive growth in the world’s largest economy. Japanese exporters got whacked as the dollar tumbled against the yen.
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Stocks rise after Federal Reserve says it will buy up to $300B in Treasurys; Dow gains 91
NEW YORK (AP) – The Federal Reserve kept Wall Street's big rally alive — and gave the Treasury market a huge boost as well. Both markets surged Wednesday after the Fed said it would pump mo…
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Stocks jump after Fed says it will buy Treasurys (AP)
AP – The Federal Reserve kept Wall Street’s big rally alive and gave the Treasury market a huge boost as well.
