US stocks rise on rate-cut boost, credit thaw

Posted by admin on October 31, 2008 under News | Be the First to Comment

US stocks rise on rate-cut boost, credit thaw
NEW YORK – US stocks rose on Thursday as investors bet that a spate of interest rate cuts by central banks around the world, including the Federal Reserve, will help lessen the impact of global rece…

China shares up on regional gains and rate cuts (AP)

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China shares up on regional gains and rate cuts (AP)
AP – Chinese shares posted modest gains Thursday, led by financial stocks and refiners, after the central bank cut interest rates late the day before and other regional markets staged a dizzying rally.

Electronic Arts shares drop following results

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Electronic Arts shares drop following results
LOS ANGELES (MarketWatch) — Shares of Electronic Arts Inc. were pounded late Thursday after the video-game publisher posted a shortfall in quarterly revenue.

Indian stock index surges 8.3 percent (AP)

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Indian stock index surges 8.3 percent (AP)
AP – India’s benchmark Sensex index surged 8.3 percent in early trading Friday as traders caught up with Thursday’s sharp rally in global markets.

Asian stocks charge ahead, but Western ones lose steam

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Asian stocks charge ahead, but Western ones lose steam
LONDON: World stock markets gained ground Thursday, with Asian indices soaring by about 10 percent but advances in the United States and Europe lost momentum after news of a contraction in the US econ…

Markets jump as investors cheer interest rate cuts (AFP)

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Markets jump as investors cheer interest rate cuts (AFP)

A Tokyo cyclist watches an electronic stock price board registering widespread gains in the Japanese capital on October 29. World stock markets have leapt, with Asian markets rising about 10 percent, as interest rate cuts sparked bargain hunting after months of misery over the global financial crisis.(AFP/Toru Yamanaka)AFP – World stock markets raced upwards on Thursday, with Asian indices soaring by about 10 percent, as interest rate cuts sparked bargain hunting after months of misery over the global financial crisis.


Dollar, euro rally against yen on soaring Asian equities+

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Dollar, euro rally against yen on soaring Asian equities+
TOKYO, Oct. 30 (AP) – (Kyodo)—The dollar and the euro rallied against the yen Thursday in Tokyo, with the U.S. currency rising to the lower 99 yen zone at one point and the single European curren…

China shares up on regional gains and rate cuts (AP)

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China shares up on regional gains and rate cuts (AP)
AP – Chinese shares posted modest gains Thursday, led by financial stocks and refiners, after the central bank cut interest rates late the day before and other regional markets staged a dizzying rally.

U.S. Stocks Surge Higher As Close Nears

Posted by admin on October 30, 2008 under News | 2 Comments to Read

U.S. Stocks Surge Higher As Close Nears
U.S. stocks on Wednesday pulled strongly higher in another late-session surge, extending the prior day's massive rally, after the Federal Reserve cut its federal funds target rate exactly as expecte…

FTSE closes more than 8% higher (AFP)

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FTSE closes more than 8% higher (AFP)

London shares soared to close more than eight percent higher as investors counted on a round of global interest rate cuts.(AFP/File/Shaun Curry)AFP – London shares soared on Wednesday to close more than eight percent higher as investors counted on a round of global interest rate cuts.