World stocks gain as Fed signals easier policy (AP)

Posted by Yahoo! News: Stock Markets News on October 13th, 2010

Tokyo money traders work under a currency rate indicator showing Japanese yen is traded 81.80-85 yen against the U.S. dollar at one moment Tuesday afternoon, Oct. 12, 2010. The dollar fell to 81.92 yen from its New York close of 82.16 yen but was off a fresh 15-year low of 81.37 yen in Sydney late Monday, nearing its post World War II low of 79.75 yen set in 1995. (AP Photo/Kyodo News) ** JAPAN OUT, MANDATORY CREDIT, FOR COMMERCIAL USE ONLY IN NORTH AMERICA **AP – World stocks surged Wednesday after JPMorgan Chase & Co. and Intel Corp. reported solid earnings and the Federal Reserve signaled it will likely ease monetary policy further at its next rate-setting meeting in November.


Posted in DJIA News Tags: ,
«
»
Both comments and pings are currently closed.

Comments are closed.

RSS FeedSubscribe to Our RSS feed!

  • Featured Video


Warning: Invalid argument supplied for foreach() in /home/customer/www/dow-jones-djia.com/public_html/wp-includes/script-loader.php on line 2876