Car sales, chain store sales and manufacturing data – all things that make the economy run – could lift stocks in Thursday’s session, following on the Dow’s biggest one-day rally since the bull market began.
Archive for November, 2011
These four stocks are rallying this week after a big move by central banks around to globe to flood the market with liquidity.
Dow jumps almost 500 points
Despite recent market woes, today saw a stellar performance across the board. Major indexes posted their best day in recent memory with the Dow surging by nearly 500 points and the S&P 500 jumping by 4.3%, …
Stocks eased off their highs but were still sharply higher Wednesday after global central banks announced a coordinated plan to support the global financial system, a handful of better-than-expected economic news and China said it would loosen monetary policy.
Stocks are soaring today on a coordinated effort by global central banks to flood the banking system with money. While it may seem like great news for investors, this rally in equities shouldn’t be trusted.
The blue-chip index soars after the world’s central banks agree to work together to enhance global liquidity.
A move by the world’s central banks to lower the cost of borrowing exhilarated investors Wednesday, sending Wall Street soaring 400 points and easing fears of a global credit crisis similar to the one that followed the 2008 collapse of Lehman Brothers.
Global Stocks Surge on Coordinated Action Three substantial economic developments announced in quick succession drove buyers into global stocks. The Dow Jones Industrial Average surged more than 400 points.
Stocks Today Are Holding Gains With Small Caps And Midcaps Leading The Charge