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Last updated: 16:58:49 Tuesday Dec 2, 2008


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  • US, Europe snap back from heavy losses
    NEW YORK (AFP) - US and European shares rallied Tuesday a day after punishing losses as investors looked past the gloom that provoked Monday's rout, but analysts say the rally remains fragile.   Nations:Australia Brazil South Korea France Canada   Activities:2008 Global Recession U.S. Markets European Markets   2008-12-02

    Wall Street rebounds sharply after big drop
    NEW YORK - In a session that showed more indecision than conviction, the stock market rebounded Tuesday from the previous day's massive decline. The Dow Jones industrials rose 270 points after fluctuating sharply, and all the major indexes rose more than 3 percent.   Nations:France   People:Alan Mulally   Activities:U.S. Markets   2008-12-02

    Shares rebound with confidence boost from GE
    NEW YORK - Stocks snapped back on Tuesday after a pledge by General Electric (GE.N), a global bellwether, to leave its dividend intact in a fragile economy sparked optimism.   People:Ben Bernanke   Activities:U.S. Markets   2008-12-02

    Down we go again: Fourth-worst drop ever for Dow
    NEW YORK - The stock market suffered one of its worst days since the financial meltdown Monday, slicing 680 points off the Dow Jones industrial average as Wall Street snapped out of its daydream of a rally and once again faced the harsh reality of a recession.   Nations:U.S.   People:Timothy Geithner Henry Paulson Barack Obama   Activities:2008 Global Recession U.S. Markets   2008-12-01

    Some cheer for Wall Street as holidays kick off
    NEW YORK (AFP) - Wall Street finally found something to cheer about as the holiday season kicks off, offering hope that the battered stock market has turned a corner.   People:Barack Obama   Activities:2008 Global Recession U.S. Markets   Source:(AFP)   2008-11-29

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    Gallery
     
    U.S. Stock Markets Took Beating
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    Chinese Markets
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    [Second Gulf War]: Gates softens opposition to 16-month Iraq timetable (18:34 12/2)

    [2008 Automakers Downturn]: GM says it needs $12 billion loans by late March (18:34 12/2)


    [2008 Mumbai Terror Attack]: Mumbai's Terror is Over, But Panic Persists (18:34 12/2)

    [2008 Global Recession]: Obama seeks to assure nervous governors on economy (10:14 12/2)


    [India-Pakistan]: India demands Pakistan hand over terror suspects (10:14 12/2)

    [Chinese Currency Dispute]: Paulson urges Chinese to continue currency reforms (18:34 12/2)


    [U.S. Foreclosure Crisis]: Mortgage fraud incidents up 45 pct in 2Q (18:34 12/2)


    [2007-8 Oil Crisis]: Oil and gas prices slip to new 3-year lows (18:34 12/2)

    [Global Financial Crisis]: Fed extends key credit programs through April 30 (18:34 12/2)


    [2008 AIG Crisis]: AIG, U.S. in deal to terminate some debt obligations (18:34 12/2)




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