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At the same time the CEO of JP Morgan Chase & Co., Jamie Dimon, the verbal anti-depressants to nervous investors. It has famously been a brutal start to the trading week with new blooms of fear of further kredittmarkedstap to weaken growth poslaju malaysia in the world economy.
Yesterday, Bank of America Corp.den's poslaju malaysia progress on the stock exchange since 1990, and financial stocks generally had then also the best trading day in three months.
Governor Ben Bernanke in the U.S., also made a speech in Arlington on Tuesday said that Congress should give the Fed new guidelines if they wish to give the central bank the job to limit the impact of financial market turmoil.
It also contributing to a relief that Bernanke revealed the Fed is considering extending a portion of emergency loans to major financial institutions on Wall Street to beyond 2008 in order to help stabilize the market.
At the same time increased mortgage institutions Fannie poslaju malaysia Mae and Freddie Mac up from the lowest levels they have been in 13 years after a statement that the mortgage companies will not get to have a need to raise further capital.
United Parcel Service Inc. and Wal-Mart Stores Inc. rose after the price of oil fell more than $ 5 a barrel. Tuesday the price dropped $ 5.33 a barrel and ended at $ 136.04. There is a drop of nearly ten dollars within a few days.
- The price of oil has had a stranglehold on the stock market over the past year, and everyone who is long-term poslaju malaysia investor poslaju malaysia needs to see the prices come down, says Jack Ablin of Harris Private Bank in Chicago to Bloomberg News.
Eight of the 10 industry groups in the S & P 500 rose after the index came out of the so-called bear territory yesterday. The index is now down 19 percent since October.
Kjell-OLA Kleivene: Stupid Norwegian laws
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