Stock Markets Recover a Day After US Market Plunge

Posted by admin | Stock Exchange US | Sunday 7 February 2010 2:19 am


A day after the US House of Representatives rejected a $700 billion financial bailout plan, stock markets around the world held up. The New York Stock Exchange recovered much of its Monday losses, as the US president and both candidates for the office urged action to avoid economic collapse. One new idea the candidates endorsed: raising the limit on bank deposits the government insures. And late Tuesday [September 30th], the US Senate cleared the way for action on a financial rescue, possibly as early as Wednesday. voa’s Jim Fry looks at a day of fast-paced developments, from Asia to Europe to Washington.

2 Comments »

  1. Comment by MasterMark123 — February 7, 2010 @ 3:11 am

    how does Bush sleep at night looking back on his own legacy ? IF THIS WERE JAPAN , He would disembowel himself in shame..

  2. Comment by TYX91101 — February 7, 2010 @ 3:57 am

    McCain’s disappointed. If he’s lucky he’ll lose the election. Bush looks worried. Will he subject himself to one final press conference?

RSS feed for comments on this post. TrackBack URI

Leave a comment

You must be logged in to post a comment.