| Stocks Gain More than 1%; Home Depot Rises (at CNBC) Stocks rose significantly Tuesday after days of losses, following a series of government data releases and earnings reports that showed hints of strength returning to the economy. Home Depot gains, Kraft slips. us.rd.yahoo.com |
A Big Surprise: Troubled Assets Garner Rewards Public-Private Investment Program, centerpiece of Obama administraton plan to unlock credit markets in spring of 2009, is expected to return billions of dollars, with returns on investment of 15 percent to more than 20 percent; program called for government to provide matching funds and cheap loans to investment firms like AllianceBernstein and Oaktree Capital, which agreed to buy mortgage securities from banks and other financial institutions, thus freeing money for lending; while rally in bon... query.nytimes.com |
US STOCKS SHAPSHOT-Wall St jumps on data enthusiasm [at Reuters] - U.S. stocks extended gains on Friday as a rebound in business spending and steady home sales in August fueled investor optimism and provided firmer ground for a sustainable rally. us.rd.yahoo.com |
US STOCKS SNAPSHOT-Wall St ends higher on Fed hopes U.S. stocks finished higher on Friday, with the Dow closing above the 11,000 mark for the first time in five months, as a surprisingly weak jobs report strengthened the case for more stimulus from the Federal Reserve. us.rd.yahoo.com |
Stocks Decline More, Led by Banks; Telecom Rises Stocks fell after news of higher inflation and weakness in the employment market, and as financial stocks skidded. McDonald's and Verizon rose, while Bank of America and JPMorgan fell. us.rd.yahoo.com |