Forex 3333 investment

Best of all forex investment , Only 1 pip , Free Practice account too.
HomePortalFAQSearchRegisterMemberlistUsergroupsLog in
Free Adv & Investment

Free Advertise & Investment


Free Advertise


Latest topics
» what is the best crm software ?
Fri Sep 19, 2014 1:14 am by Jessia2020

» Forex Trading Strategies – Its all about Boxes
Sat Oct 26, 2013 1:57 am by ivan2125

» forex newbie
Tue Oct 22, 2013 5:04 pm by bency888

» forex game app
Fri Aug 09, 2013 3:59 am by balibo

» Which trend should I look? The long term or short term?
Sat Aug 25, 2012 3:32 pm by asiaforexmentor

» Forex Trading Strategies & System – 2nd Chance
Sat Aug 25, 2012 12:13 am by asiaforexmentor

» Psychology Of Forex Trading
Wed Aug 15, 2012 6:35 pm by asiaforexmentor

»  Forex Trading Strategies & System – 2nd Chance
Wed Aug 08, 2012 6:27 pm by asiaforexmentor

»  Forex Trading Strategies – Fibonacci
Fri Aug 03, 2012 11:51 pm by asiaforexmentor

» Forex Trading System What happens when 1 pin fails to break?
Fri Jul 27, 2012 10:44 am by asiaforexmentor

» Forex Price Action – Why did one Price Action Pin work and not the other.
Mon Jul 16, 2012 4:57 pm by asiaforexmentor

» can u please tell me how to over come a situation like This?
Mon Jul 09, 2012 5:00 pm by asiaforexmentor

» Forex Trading Systems – Ping Pong Trade
Thu Jul 05, 2012 11:51 am by asiaforexmentor

Thu Jun 28, 2012 2:53 pm by asiaforexmentor

» The Super Power Forex Trading Secrets.
Mon Jun 11, 2012 2:58 pm by asiaforexmentor

» Price Action – Double Pin Bar
Tue Jun 05, 2012 4:05 pm by asiaforexmentor

» Forex Trading – Gaps
Mon May 28, 2012 8:05 pm by asiaforexmentor

» Spread Rebate Program
Mon May 28, 2012 4:18 pm by rion

» Should we or should we not take this trade?
Tue May 22, 2012 5:12 pm by asiaforexmentor

» How do you trade the news in forex trading?
Wed May 16, 2012 8:06 pm by asiaforexmentor

» Forex Trading Psychology: Levels of FEAR
Mon May 07, 2012 11:58 am by asiaforexmentor

» How to take this Price Action Pin Bar(Part 2)
Mon Apr 30, 2012 3:24 pm by asiaforexmentor

» How to take this Price Action Pin Bar(Part 1)
Mon Apr 23, 2012 4:46 pm by asiaforexmentor

Wed Apr 11, 2012 5:11 pm by asiaforexmentor

» How to be consistently profitable in forex trading.
Wed Apr 04, 2012 9:29 pm by luzfxtrader

» Are we just plain scared to trade the lower time frames in forex trading?
Mon Apr 02, 2012 4:59 pm by asiaforexmentor

» Forex Trading Is Like stacking a Pack of Cards.
Mon Mar 19, 2012 5:47 pm by asiaforexmentor

» How I Turned a Losing Trade to a Winning Trade.
Mon Mar 12, 2012 8:48 pm by asiaforexmentor

» Learn FX Trading -> Your Forex Work Station.
Tue Feb 28, 2012 2:58 pm by asiaforexmentor

» Price Action Forex -Why Forex Trading is Easy with Price Action?
Mon Feb 20, 2012 12:22 pm by asiaforexmentor

Mon Feb 13, 2012 1:04 pm by asiaforexmentor

» Free Daily Price Action Forex Trading Strategies & System
Mon Feb 06, 2012 1:25 pm by asiaforexmentor

» Importance of stop loss placement in forex trading.
Tue Jan 31, 2012 12:28 pm by asiaforexmentor

» Free Daily Price Action Forex Trading Strategies & System From Asia Forex M
Wed Jan 25, 2012 12:56 am by asiaforexmentor

» Let’s Make Year 2012 a Great Year.
Mon Jan 16, 2012 12:42 pm by asiaforexmentor

» How do you trade the news in forex trading?
Mon Jan 02, 2012 6:32 pm by asiaforexmentor

» Risk Management in Forex Trading.
Tue Dec 27, 2011 3:41 pm by asiaforexmentor

» What’s your winning probability?
Mon Dec 19, 2011 4:56 pm by asiaforexmentor

» Professional Forex Trading Strategies.
Wed Dec 07, 2011 4:14 pm by asiaforexmentor

» Forex News Trading – Why should you NOT trade this!
Mon Nov 28, 2011 6:10 pm by asiaforexmentor

» What is Price action?
Mon Nov 21, 2011 12:47 pm by asiaforexmentor

» What can we expect for the EUR and the USD?
Tue Nov 15, 2011 5:27 pm by asiaforexmentor

Tue Nov 08, 2011 12:07 pm by asiaforexmentor

» Online Forex Trading: Are You A Lion or a Cub?
Tue Nov 01, 2011 12:19 am by asiaforexmentor

» Whats your Risk percentage per trade?
Mon Oct 24, 2011 3:43 pm by asiaforexmentor

» WHY you should NEVER Trade Live without learning a Proper Forex Course
Mon Oct 17, 2011 2:31 pm by asiaforexmentor

» Unite World Capital Ltd. -
Thu Oct 13, 2011 10:59 pm by Goldman

» Forex Breakout: Why are they so profitable?
Thu Oct 06, 2011 2:52 pm by asiaforexmentor

» How many times do you trade a week?
Sat Oct 01, 2011 9:04 pm by asiaforexmentor

» Mastering your emotions for efficient Forex Trading.
Tue Sep 13, 2011 7:49 pm by asiaforexmentor


Display results as :
Rechercher Advanced Search

Share | 

 U.S. Stocks Rally on Fed's Plan to Lend Up to $200 Billion

Go down 


Number of posts : 14
Registration date : 2008-03-03

PostSubject: U.S. Stocks Rally on Fed's Plan to Lend Up to $200 Billion   Tue Mar 11, 2008 10:59 pm

By Eric Martin

March 11 (Bloomberg) -- U.S. stocks rallied the most since January after the Federal Reserve announced plans to lend up to $200 billion to reinvigorate the financial system.
Citigroup Inc., JPMorgan Chase & Co. and Bank of America Corp. led financial shares to their steepest advance in seven weeks on expectations the Fed's move will stem credit-market losses. Nine of 10 industry groups in the Standard & Poor's 500 Index gained as the benchmark for U.S. equities rose for the first time in four days.
The S&P 500 climbed 26.94 points, or 2.1 percent, to 1,300.31 at 10:25 a.m. in New York. The Dow Jones Industrial Average added 260.27, or 2.2 percent, to 12,000.42. The Nasdaq Composite Index increased 50.06, or 2.3 percent, to 2,219.4. Fourteen stocks gained for every one that fell on the New York Stock Exchange.
``What the move really did is begin to provide some liquidity back into credit markets,'' said Kevin Cronin, head of investments at Putnam Investments in Boston, which manages $185 billion. ``It's provided some oil to the engine on the credit side, that's one of the things the equity market has recognized.''
Financial shares in the S&P 500 gained 3.5 percent as a group, rebounding from the lowest level since May 2003. Treasuries plunged, pushing the two-year note's yield up the most since 1996, as investors dumped holdings of government debt and bought stocks. The dollar rose the most in three months against the yen and rebounded from a record low versus the euro.
$200 Billion Plan
The Fed plans to make the loans in exchange for private mortgage-backed securities and other debt that has plunged in value as homeowners defaulted on their payments. Banks around the world have posted $188 billion in writedowns and credit losses stemming from the collapse of the subprime mortgage market. The S&P 500 Financials Index had lost 20 percent this year through yesterday.
Citigroup, the largest U.S. bank, rallied $1.26 to $20.95. Bank of America, the second-biggest, climbed $2.03 to $37.34. JPMorgan, the No. 3, increased $2.17 to $38.65.
Fannie Mae, the biggest mortgage-finance company, jumped $1.13, or 5.7 percent, to $20.94. Freddie Mac, the second largest, soared $1.29, or 7.4 percent, to $18.68. Countrywide Financial Corp., the biggest U.S. mortgage lender, climbed 28 cents to $4.64. Washington Mutual Inc., the largest U.S. savings and loan, added 8.9 percent to $10.93. Bear Stearns Cos. gained 8.6 percent to $67.65 and Lehman Brothers Holdings Inc. rose 8.7 percent to $46.70.
Mining Shares Gain
Newmont Mining Corp., the world's second-biggest gold producer, gained 89 cents to $50.27. American depositary receipts of Harmony Gold Mining Co., Africa's third-largest gold producer, climbed 37 cents to $13.32.
Gold advanced in London, snapping a three-day slide. Copper and silver also rose.
Weyerhaeuser Co., the largest U.S. lumber producer, climbed $3.20 to $62.19 after UBS raised its recommendation on the stock to ``buy'' from ``neutral,'' saying risk from the housing slump ``is starting to be priced in as market expectations have become more realistic.''
Texas Instruments Inc. slumped 19 cents to $29.46. The second-biggest maker of chips that run mobile phones cut its sales and profit forecasts because of slowing handset demand.
Health-care companies lost 0.3 percent, the only decline among 10 industry groups in the S&P 500. WellPoint Inc. dropped $16, or 24 percent, to $49.92 after the second-largest U.S. health insurer cut its per-share profit prediction for 2008 due to unexpectedly high medical costs. WellPoint also said weakness in the U.S. economy has limited enrollment gains.
The economic slowdown in the U.S. will be deeper and the recovery weaker than previously forecast, according to a Bloomberg News monthly survey. The world's largest economy will grow at an annual rate of 0.3 percent from January through June, a half point less than projected in February, according to the median estimate of 62 economists polled from March 3 to March 10.
To contact the reporter on this story: Eric Martin in New York at Last Updated: March 11, 2008 10:26 EDT
Back to top Go down
View user profile
U.S. Stocks Rally on Fed's Plan to Lend Up to $200 Billion
Back to top 
Page 1 of 1
 Similar topics
» Asian markets join global rally after ECB debt plan
» What are the BLUE CHIP Stocks?
» Why are foreign investors selling Sri Lanka stocks?
» How to invest in stocks
» Unscrupulous brokers often hype and promote penny stocks

Permissions in this forum:You cannot reply to topics in this forum
Forex 3333 investment :: Free Advertise :: Post All Free Advertise-
Jump to: