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Global stocks, oil jump after bank rescue plans (Reuters via Yahoo! News)
World stocks jumped on Monday from last week's four-year low after policymakers around the world took new and drastic steps to rescue banks and prevent the global economy from sinking into recession.
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US stocks head for sharply higher open after rout (AP via Yahoo! News)
Wall Street headed for a huge rebound Monday as investors, hoping that the stock market is finding some footing after eight sessions of devastating losses, sent stock futures indexes sharply higher. The market appeared relieved by pledges of further coordinated actions by European and U.S. authorities to aid the crippled banking system, including plans by the Treasury to buy U.S. bank stocks.
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Stocks, oil jump after bank rescue plans (Reuters via Yahoo! News)
World stocks jumped on Monday from last week's five-year low after policymakers around the world took new and drastic steps to rescue banks and prevent the global economy from sinking into recession.
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So much for that idea: Tech stocks have fallen from 1999 to 2008 (CNET via Yahoo! News)
It's true that stocks generally ascend in the long run. But last week's stock market crash is a potent reminder of the corollary to that rule: the long run can be a long way off.
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Stocks end rollercoaster session mixed; Dow has worst weekly drop ever (USA Today)
In another roller-coaster day on Wall Street, stocks continued their historic downward plunge as investors fled stocks to get out of the way of a bruising bear market that some traders are now describing as a crash.
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Stocks: Bailout rally (CNN Money)
Stocks surged Monday morning as investors cheered the global response to the deepening financial crisis, following the worst week on Wall Street in history.
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World stocks rally after bank bailout plans (Reuters via Yahoo! News)
World stocks rose 2 percent on Monday after hitting a four-year low last week as the world's policymakers stepped up plans to bail out the banking sector and prevent the global economy from tumbling into recession.
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Asia stocks rally on hopes for bank rescues (Reuters via Yahoo! News)
Asian stocks bounced 5 percent from a four-year low on Monday after policymakers around the world took increasingly bold steps to rescue the financial system, including guaranteeing bank deposits and taking stakes in banks.
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Global Stocks Climb, Euro Rises on Bailout Plan; Banks Advance (Bloomberg)
Oct. 13 (Bloomberg) -- Stocks rallied worldwide, with the MSCI World Index rebounding from its worst week on record, and the euro rose the most in three weeks against the dollar after governments in Europe, the U.S. and Asia agreed to support banks.
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Indian Stocks Advance Most in More Than Four Years; ICICI Gains (Bloomberg)
Oct. 13 (Bloomberg) -- Indian stocks rose, driving the Sensitive index to its biggest gain in more than four years, as governments around the world stepped up efforts to avert a collapse of the global banking system.
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