Wall St climbs on Bush mortgage plan optimism
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Stocks rose on Friday 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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US stocks rallied Friday as investors welcomed Federal Reserve chairman Ben Bernanke&#39;s pledge to limit credit woes and President George W. Bush unveiled aid for distressed home buyers.
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Wall Street celebrated President Bush&#39;s re-election with a solid rally Wednesday, surging higher as investors welcomed continuity in Washington and shrugged off higher oil prices.
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Stocks rose slightly on Friday after an economic report showed a resilient job market, but investors remained cautious amid growing concerns about the subprime mortgage market.
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U.S. stocks rallied on Tuesday, giving  the Dow its best day in four months as battered insurers rose  on confidence a government probe of the industry would end  quickly.
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U.S. stock futures rose on Wednesday, helped by news of a $22.5 billion share repurchase plan from Home Depot Inc.  and investment bank Morgan Stanley's  stronger-than-expected profit.
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Wall Street celebrated President Bush&#39;s re-election with a strong rally Wednesday, surging higher as investors welcomed the Republican&#39;s victory.
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U.S. stocks rallied on Thursday after news that Bank of America  is in advanced talks to buy struggling mortgage lender Countrywide Financial Corp .
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US stocks advanced on Wednesday as President Bush won re-election, but slipped off the day&#39;s highs after a surge in the price of oil.
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Wall Street stocks rose sharply on Friday before stabilising as data showing sound jobs growth was offset by fears that a big subprime mortgage lender is close to collapse.
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Stocks surged on Friday after President Bush said he would help struggling subprime mortgage borrowers avoid foreclosure and with speculation rife about an interest rate cut next month after a speech by Federal Reserve Chairman Ben Bernanke.
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U.S. stocks rose on Wednesday as Home Depot Inc.'s  plan for a $22.5 billion share buyback underscored optimism about equity valuations, along with the growing allure of large-cap stocks, including General Electric Co. .
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Stock futures signaled a surge on Wall Street at the open on Friday as investors bet President Bush would unveil a plan to help subprime mortgage borrowers and loosen credit conditions that have rattled financial markets for six weeks.
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U.S. stock index futures suggested a slightly higher open for Wall Street on Tuesday as news of planned takeovers added to optimism about the outlook for equities after the long holiday weekend.
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Wall Street stocks traded higher Friday as a strong retail sales report increased investors&#39; confidence about the economy. The Dow Jones industrial average rose 69.
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U.S. stocks rose on Thursday, extending a rebound from last week's sharp sell-off, as investors snapped up financial shares and strong monthly sales from key retailers overshadowed concerns about the subprime mortgage lending market.
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US stocks rallied on Wednesday, but worries over the subprime mortgage market remained the main talking point among investors.