NEW YORK — Wall Street rallied at Tuesday’s opening bell, rebounding from the previous session's nosedive, as investors looked to a Federal Reserve statement for clues on how it may combat the growing perception the nation was headed for recession.Read the rest here.
The Dow Jones industrial average was lately up over 200 points, having plunged 635 points Monday after Standard & Poor's downgraded the U.S. credit rating late Friday. The broader market recorded its worst loss since December 2008 at Monday’s close and approached bear market territory.
is the blog of an Orthodox Christian and is published under the spiritual patronage of St. John of San Francisco. Topics likely to be discussed include matters relating to Orthodoxy as well as other religious confessions, politics, economics, social issues, current events or anything else which interests me. © 2006-2024
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