Monday 10 October 2011

Evening Market Wrap

RTT News: Global Financial Newswires

Evening Market Wrap

Monday, October 10, 2011, 17:06

Contents

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 ArticleForwardFacebookTwitterLinkedIn

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 ArticleForwardFacebookTwitterLinkedIn

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 ArticleForwardFacebookTwitterLinkedIn


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