Stocks maintain advance after Fed comments
Posted in Credit Card Debt, Loan Modifications by admin on December 21st, 2008
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Wall Street is holding onto big gains after the Federal Reserve said it’s ready to purchase longer-term Treasury securities to help still-sluggish credit markets. The Dow Jones industrial average is up 171, or 2.2 percent, at 8,352, just about where it traded…
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Stocks surged Wednesday as investors took comfort in reports that the Obama administration and the Federal Reserve are taking steps to get credit flowing again and help staunch the economic slowdown. News widgets and RSS feeds on Feedzilla.com
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