The Dow plunged Thursday amid buzz in the market that European banks have halted lending. One trader, on the condition of anonymity, said he heard fixed income desks in Europe shut down early because there was no liquidity — basically European banks are halting lending right now. "This i... Read more...
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21/02/2010,
by IAmNotARapperiSpit.com in News,
Politics As Usual,
Propaganda,
Video,
World News
NEW YORK (CNNMoney.com) -- Stocks ended higher Friday, marking the fourth straight day of gains, but investors were cautious buyers at the end of a big week that included the Fed's decision to boost the emergency bank lending rate. The Dow Jones industrial average (INDU) added 9 points, or 0.... Read more...