Dow .......8,375.45 .....+200.72 (2.46%)
S&P 500 ....874.09 ....+28.38 (3.36%)
Nasdaq .....1,558.34 ....+53.44 (3.55%)
Stocks jump on reports of plan for bad bank assets
"The financials are just begging for good news here," he said.
"We aren't really going to see any great economic news anytime soon so if there is any positive movement in Washington toward the problem, that would stabilize the decline," he said.
Fed leaves rates near zero
Producer Spending Cuts May Shape Future Oil Price Rebound
Street Soars On Hopeful Financials
Recession Slows Medical Inflation, Helping Insurers
Fed moves to help distressed homeowners
Roubini & Soros on Bad Bank
Wednesday, January 28, 2009
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