Stocks jumped with Dow surging 420 points after Federal Reserve cut the fed funds rate
Dow spikes 420 points on rate cut. Wall Street surges, with blue-chip indicator seeing its best day in 5-1/2 years as investors hail central bank decision to cut rates by 3/4 of a percentage point.
Stocks jumped Tuesday, with the Dow surging [...]

Stock markets across Asia rose after Federal Reserve interest rate cut and forecast-beating results
Asian stocks higher on Fed rate cut, US banks’ earnings. Stock markets across Asia rose Wednesday after the Federal Reserve’s interest rate cut and forecast-beating results for US investment banks eased worries about the worsening global credit crisis.
Banks across the region posted [...]

Lehman Brothers‘ shares soared after reporting results that beat forecasts
Brokerage quiets talk about its imminent collapse after reporting results that beat forecasts. Shares surge 46%.
Lehman Brothers’ shares soared Tuesday after the firm reported quarterly results that topped Wall Street’s forecasts. Just a day earlier, investors had wondered about the firm’s ability to withstand the turmoil [...]

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