Monday, October 13, 2008

World stocks rising after tough week

Asian and European markets moved up Monday apparently buoyed by coordinated international efforts to support the banking and financial system.

Early trading on Wall Street also saw markets moving up sharply. Later in the week earning reports and government economic indicators will be released.

Boston Globe

Asian markets move higher on latest crisis measures
Channel News Asia, Singapore - 9 hours ago
HONG KONG: Asian stock markets moved broadly higher Monday after a week of massive losses, as investors reacted with guarded optimism to international ...
Video: Asian Markets Tumble During Friday Trading AssociatedPress
Dow Jones surges on relief at global bank bailout

Mixed signals from Asian markets as governments save


Stocks rise sharply after vows of new bank capital
International Herald Tribune, France - 50 minutes ago
European markets saw even bigger gains, with the German DAX index rising 8.8 percent and the CAC 40 in Paris up 7.2 percent. London's FTSE-100 rose 4.8 ...
Global shares surge as governments pump billions into banks AFP
European markets rise on bank support plan RTT News
Markets Warm to Euro Bailout Plan Truthdig

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