Wall Street surges on central banks' liquidity move |
Wed, 30 Nov 2011 14:51:19 GMT |
Stocks surge out of the gate
at the opening bell after global central banks, including the Fed,
announced a coordinated effort to provide liquidity to support to the
global financial system. |
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Central banks move to shore up global economy |
Wed, 30 Nov 2011 13:10:42 GMT |
The Federal Reserve said
Wednesday that it joined some of the world's major central banks in a
coordinated action to inject liquidity into the global financial system. |
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S&P downgrades ratings on world's major banks |
Wed, 30 Nov 2011 12:24:51 GMT |
Standard & Poor's
Ratings Services has lowered its credit ratings for many of the world's
largest financial institutions, including the biggest banks in the U.S. |
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