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Feb 09,
2010 |
Germany working on Greek rescue plan: reports, MarketWatch.com |
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Berlin appeared to blink Tuesday as reports said the German government is working on a rescue package for debt-choked Greece, news that triggered rallies in stocks and the euro. |
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Feb 09,
2010 |
U.S. stocks pick up steam; Dow rises 220 points, MarketWatch.com |
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U.S. stocks rally sharply Tuesday, with the Dow industrials average adding more than 230 points at one point, after a report suggesting a German government bailout of Greece clipped fears of another global financial crisis, and battered the U.S. dollar. |
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Feb 09,
2010 |
Oil rallies 2% on report of Greek rescue plan, MarketWatch.com |
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Oil futures jump, getting a boost along with other commodities and stocks after a report that Germany is working on a rescue package for Greece. |
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Feb 09,
2010 |
Treasurys down on news of Greek rescue plan, MarketWatch.com |
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Treasury prices decline and yields rise for a second straight session, as investors show greater comfort with prospects for European stability, making them more willing to move holdings back into riskier assets and away from the relative safety of U.S. debt. |
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Feb 09,
2010 |
S&P 500 passes first test of major support, MarketWatch.com |
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At last week's low, the U.S. markets had suffered a severe downdraft, with the Dow industrials plunging 895 points across just 13 sessions. Yet in the wake of last week's carnage, two technical events emerged, supporting a very near-term bull case. |
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Feb 09,
2010 |
Greek banks recover as Europe stocks broadly flat, MarketWatch.com |
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Stocks in Europe trade mixed-to-slightly higher as worries about Greece's finances appear to abate and as earnings news is eyed. |
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Feb 09,
2010 |
U.S. stocks surge on possibility of Greek rescue, MarketWatch.com |
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U.S. stocks rally broadly Tuesday on mounting hopes that the European Union might be considering a rescue package for Greece.
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Feb 09,
2010 |
Tuesday's biggest gaining and declining stocks, MarketWatch.com |
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Stocks seeing big moves in trading include AMR, Cerus and Electronic Arts. |
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Feb 09,
2010 |
S&P cuts B. of A., Citi outlook on bailout concern, MarketWatch.com |
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Standard & Poor's cuts the ratings outlooks for both Bank of America and Citigroup to negative from stable, saying that if Washington bails out the banks again, it may be less likely to do the same for the companies' bond holders. |
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Feb 09,
2010 |
ECB flight change boosts Greek rescue speculation, MarketWatch.com |
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Analysts say news Tuesday that the European Central Bank president will return early from Australia to attend a meeting of European Union leaders in Brussels is providing the euro and financial markets with a lift. |
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