Wednesday, November 30, 2011

Credit Talk USA Live - Stocks close highest since 5-2009


Here is my question the media is screaming how bad everything is but black Friday was a record high with spending and now today. What is really going on we a discuss this and more tomm at 1pm on Credit talk USA worldwide LIVE.  www.credittalkusa.com   
Around the world raced to scoop up stocks on Wednesday, after the Federal Reserve said it will work with other central banks to support the global economy.
All three major stock indexes closed the day up more than 4%. The Dow's 489-point gain is the largest of 2011 and the best percentage gain since March 2009. Still, despite today's run-up, the Nasdaq and S&P 500 are down for the year.
The central banks' coordinated market intervention gave investors hope that world leaders could take necessary steps to avoid a credit crunch or market paralysis stemming from Europe's sovereign debt crisis.

http://money.cnn.com/2011/11/30/markets/markets_newyork/index.htm?hpt=hp_t1

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