Commentary Stocks Rally Amid Optimism About European Debt Crisis - U.S. Commentary With traders expressing renewed optimism about the financial situation in Europe, stocks moved sharply higher during trading on Monday. The markets extended the upward move seen last week, although trading activity was somewhat subdued amid the Columbus Day holiday. (Oct 10, 2011) Full Article Currency Alerts Dollar Falls Further Versus Resurgent Euro The dollar was hammered by the euro on Monday, extending a week-long losing streak amid signs of a comprehensive solution to the European debt crisis. At the very least, European leaders are expected to backstop the region's fragile banking system with billions in cash at the first sign of problems associated with a potential Greek restructuring. (Oct 10, 2011) Full Article Political News Romney Receives Endorsements From Former Sens. Gregg, Martinez Republican presidential candidate Mitt Romney announced Monday that he has received endorsements from two former Republican senators from key early voting states. Former Sen. Judd Gregg, who represented the first in the nation primary state of New Hampshire until his retirement last year, and former Sen. Mel Martinez, who represented the early voting state of Florida until resigning in 2009, both announced their support for Romney's campaign. (Oct 10, 2011) Full Article |