Posts Tagged ‘federal budget deficit’

Stocks Closed Higher on Bernanke Comments

U.S. stocks closed higher on Wednesday, boosted by comments from Federal Reserve Chairman Ben Bernanke that the central bank was considering another round of special stimulus to the economy if conditions deteriorated. But much of the early enthusiasm for the prospects of more cheap money evaporated by the close. The ...

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Stocks Fall for Sixth Week

U.S. stocks tumbled Friday on worries about the global economy, ensuring the sixth week of losses for the benchmark indexes. The Dow Jones Industrial Average ended down 172.45 points, or 1.42%, to 11,951.91. The S&P 500 lost 18.02 points, or 1.40%, to 1,270.98. The Nasdaq Composite was down 41.14 points, ...

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