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Posts Tagged ‘fades’

China-related flash of stock market activity fades fast

China-related flash of stock market activity fades fast
U.S. stocks jumped in early trading Monday after China decided to loosen its currency, but that initial euphoria faded by day’s end, as traders and investors grew skeptical that Beijing’s conciliatory gesture would have immediate impact on the U.S. economy. Business – Equities – Investing – Stocks and Bonds – Research and Analysis

Read more on Washington Post

Euphoria over euro rescue fades

Euphoria over euro rescue fades
Germany moved to chip in its share of the bold $1 trillion rescue package for the euro — even as stocks and the euro fell Tuesday on concerns the massive loan program only puts off the day of reckoning for the continent’s indebted governments.

Read more on AP via Yahoo! Finance

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