Stocks poised to rise
Saturday, May 16th, 2009Stock futures gained Wednesday, signaling a higher start for Wall Street, as investment powerhouse Warren Buffett injected $5 billion into Goldman Sachs.
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Stock futures gained Wednesday, signaling a higher start for Wall Street, as investment powerhouse Warren Buffett injected $5 billion into Goldman Sachs.
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Uncertainty about the government’s $700 billion financial rescue plan drove investors to gold futures Monday.
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Crude-oil futures fall 7% Tuesday morning
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Oil prices jumped more than $10 a barrel Monday as the October futures contract neared expiration and the dollar weakened following the government’s $700 billion Wall Street bailout plan.
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Stock futures surged Friday following news that the federal government is working on a plan to help take the bulk of the credit crunch burden off banks.
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