The Delaware Gazette

Move by central banks exhilarates Wall Street

A move by the world’s cen­tral banks to lower the cost of bor­row­ing exhil­a­rated investors Wednes­day, send­ing the Dow Jones indus­trial aver­age soar­ing 490 points and eas­ing fears of a global credit cri­sis sim­i­lar to the one that fol­lowed the 2008 col­lapse of Lehman Brothers.

Nov 30 2011 | Posted in AP News | Read More »

Economy, not debt rating, will send markets lower

NEW YORK — U.S. investors will have their first chance today to react to Stan­dard & Poor’s deci­sion to strip the U.S. gov­ern­ment of its top credit rat­ing. But the big­ger issues fac­ing Wall Street and stock mar­kets world­wide remain debt-ridden coun­tries in Europe and con­cerns that the global econ­omy is weakening.

Aug 7 2011 | Posted in AP News | Read More »

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