European stocks drop on US bank bailout concerns (AFP)

Posted by admin on September 27, 2008 under News | Be the First to Comment

European stocks drop on US bank bailout concerns (AFP)

A computerised display of the FTSE 100 index in London. Europe's leading stock markets sank in early trade, hit by growing doubts about the progress of a 700-billion-dollar bailout package for the US financial sector.(AFP/File/Shaun Curry)AFP – Europe’s leading stock markets sank Friday in early trade, hit by growing doubts about the progress of a 700-billion-dollar bailout package for the US financial sector.


Gold, bonds rise as rescue talks drag, stocks sag

Posted by admin on September 26, 2008 under News | Be the First to Comment

Gold, bonds rise as rescue talks drag, stocks sag
NEW YORK – Stalled negotiations over Washington's proposed bailout of the U.S. financial sector sapped global stocks and lifted safe-havens on Friday as the crisis kept tight money markets under enorm…

FTSE slumps amid uncertainty over US bailout (AFP)

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FTSE slumps amid uncertainty over US bailout (AFP)

A large computerised display of the FTSE 100 index in London. The leading share index fell sharply into the red after the proposed $700 billion bailout of the US financial sector hit an impasse amid political wrangling in Washington.(AFP/File/Shaun Curry)AFP – The leading share index fell sharply into the red on Friday after the proposed $700 billion bailout of the US financial sector hit an impasse amid political wrangling in Washington.


Stocks Retreat On Uncertainty Over U.S. Bailout Plan

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Stocks Retreat On Uncertainty Over U.S. Bailout Plan
By V. Phani Kumar Asian markets fell sharply Friday as uncertainty over the fate of the U.S. government's $700 billion rescue plan for the financial sector hurt investor sentiment, dragging down fi…

Toronto stocks edge lower on U.S. bailout concerns (Reuters)

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Toronto stocks edge lower on U.S. bailout concerns (Reuters)
Reuters – The Toronto Stock Exchange’s main index ended slightly lower on Wednesday, plagued by uncertainty over the U.S. bailout plan.

Amid Market Volatility the Only Certainty in Wall Street Is the Uncertainty of the US Dollar

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Amid Market Volatility the Only Certainty in Wall Street Is the Uncertainty of the US Dollar
VICTORIA, BRITISH COLUMBIA — (Marketwire) — 09/25/08 — In today's volatile market and event-driven Wall Street, many questions and concerns loom regarding where the

Stocks rise on bailout hopes; credit remains tight (AP)

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Stocks rise on bailout hopes; credit remains tight (AP)

Signs left from a protest are seen outside the New York Stock Exchange, September 25, 2008.  Several hundred protesters yelled their enthusiastic support as union leaders decried a proposed $700 billion plan aimed at reinvigorating the credit markets by relieving financial institutions of distressed debt.     REUTERS/Brendan McDermid (UNITED STATES)AP – Financial markets grew more upbeat Thursday as political leaders said they struck an agreement in principle on a massive spending plan to revive the crippled financial system. The Dow Jones industrial average jumped about 200 points on optimism about the bailout, and demand for safe-haven assets remained high but eased slightly as some investors placed bets that a deal would help unclog credit markets.


Stocks sail on breakthrough

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Stocks sail on breakthrough
NEW YORK (CNNMoney.com) — Stocks rallied Thursday, with the Dow briefly topping 300 points, on reports that lawmakers have agreed on terms of the $700 billion bank bailout plan, after days of heated …

US-USREPORT Summary (Reuters)

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US-USREPORT Summary (Reuters)
Reuters – Hard hats, transit workers, machinists, teachers and other labor unionists railed against the U.S. government’s proposed bailout of Wall Street on Thursday in a protest steps from the New York Stock Exchange. Several hundred protesters yelled their enthusiastic support as union leaders decried a proposed $700 billion plan aimed at reinvigorating the credit markets by relieving financial institutions of distressed debt.

Gold contract pulls back as rescue plan moves toward fruition

Posted by admin on September 25, 2008 under News | Be the First to Comment

Gold contract pulls back as rescue plan moves toward fruition
NEW YORK (MarketWatch) — Gold futures fell Thursday as investors digested fresh developments in Washington surrounding the government's proposed plan to help resuscitate the U.S. financial sector.