Bush and Bernanke spur rally on Wall Street
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U.S. stocks surged on Friday as President Bush and Federal Reserve Chairman Ben Bernanke reassured investors they would do what was needed to shelter the economy from market turmoil.
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President George W. Bush and Federal Reserve chairman Ben Bernanke on Thursday  threw their weight behind calls for a fiscal stimulus of up to $150bn as stocks fell to their lowest levels since October 2006.
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US stocks advanced on Wednesday as President George W. Bush won re-election, but slipped off the day&#39;s highs after a surge in the price of oil.
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Stocks rebounded Wednesday after the previous session's 416-point plunge in the Dow industrials, as investors digested a barrage of economic data and found comfort in Federal Reserve Chairman Ben Bernanke's comment that no single trigger was responsible for Tuesday's selloff. Just before 11:30 a.m. EDT, the Dow was up 106.31 at 12,322.55.
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Stocks soared on Wednesday, sending the Dow Jones industrial average to an all-time high, as investors drew confidence from Federal Reserve Chairman Ben Bernanke's comments that inflation is poised to ease while the economy grows moderately.
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Wall Street stocks rose on Monday after a spate of deal-making and a capital injection at Merrill Lynch helped spur a pre-Christmas rally on Wall Street.
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Wall Street extended its rally for a ninth straight session Friday and posted its best week in more than a year and a half amid optimism that the economy may be finally turning around.
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Asian and European stock markets rallied Wednesday in the wake of Wall Street's overnight surge spurred by the U.S. Federal Reserve's larger-than-expected interest rate cut.
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Stocks rallied Wednesday, pushing the Dow Jones industrial average to a record close, after investors cheered comments on the economy and inflation from Federal Reserve Chairman Ben Bernanke.
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Wall Street resumed its year- end rally yesterday, bolstered by a report that showed consumer confidence had jumped sharply in recent weeks.
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Despite statements from Federal Reserve Chairman Ben Bernanke and President Bush, it was a withering week on Wall Street.
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U.S. stocks surged on Friday, with the Dow hitting its session high, on optimism a plan by President Bush to help struggling subprime mortgage borrowers avoid foreclosure would help loosen credit conditions that have rattled financial markets.
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Wall Street closed out another erratic week with a big gain yesterday after reassuring words from President Bush and the Federal Reserve chairman, Ben S. Bernanke.
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U.S. stocks rebounded on Wednesday after Federal Reserve Chairman Ben Bernanke said the economy was set to grow moderately, calming investors' anxiety a day after the Dow industrials had its worst tumble since the September 11, 2001, attacks.
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Stocks rose on Wednesday as investors extended a rally a day after the Federal Reserve's bold rate cut, betting that lower borrowing costs would keep the economy from slowing further and boost profits.
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Stocks leapt on Wednesday after Federal Reserve Chairman Ben Bernanke suggested the economy was growing but not so quickly as to fan inflation.
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NEW YORK : President George W. Bush&#39;s re-election sparked a broad stock rally, as Wall Street welcomed the decisive victory for the candidate seen as the most business-friendly.