Indexes recover somewhat
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U.S. stocks rebounded modestly on Wednesday as Federal Reserve Chairman Ben Bernanke reassured investors that the economy was set to grow moderately, a day after the Dow industrials' worst slide since the September 11, 2001, attacks.
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Most of Asia's stock markets staged cautious recovery on Friday, with the exception of Tokyo, where a continued fall in the Nikkei 225 Average erased the last remnants of the index's gains so far in 2007.
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Stocks regain some of Tuesday's losses as Fed chief indicates everything is OK.
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Stocks trimmed some losses on Thursday after the Institute for Supply Management's manufacturing index for February came in stronger than analysts' forecast.
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Wall Street stocks were set for a rebound on Wednesday, as some traders were on the look-out for bargains following sharp falls in the leading indices on Tuesday.
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The U.S. markets continued their dramatic recovery early this morning -- and so did European and Asian indexes -- as efforts to shore up the U.S. economy helped begin to calm a volatile climate for global stocks.
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European stock markets recover slightly from recent heavy losses, but Asian markets continue to fall.
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After two brutal days in which some Asian stock indexes fell more than 12 percent, most of the exchanges across the region rebounded, albeit only modestly.
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Investors will be looking for a quick recovery in the stock market this week, but such a rebound might do more harm than good over the long run, one analyst warns.
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Here's how last year's stocks fared.
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Stock markets in the United States, Europe and Asia staged a comeback Tuesday, gaining tentative ground in the wake of sharp declines, but analysts warned the turnaround could be shortlived.
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A sluggish gross domestic product reading was nonetheless better than expected, prompting investors to send stocks slightly higher Friday on hopes that the economic slowdown would not be as bad as first thought.
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The FTSE 100 index has reclaimed some of its recent losses, led higher by BHP Billiton and Allied Domecq after upbeat news from both.
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Investor's Business Daily - Asset management and mutual fund firms have regained their sea legs after riding out a stormy summer.
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Lenders' shares rebound after Monday's bruising.
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The stock is revived, but the business remains iffy.
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Most of the exchanges across Asia rebounded modestly on Wednesday after sharp declines on Monday and Tuesday.