Follow Newser on Twitter   Friend Newser on Facebook
Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Stocks Inch Up After Fed Action

Bad news and lingering doubts about yesterday's cut keep rally tame

By Jonas Oransky,  Newser Staff

Posted Dec 12, 2007 3:29 PM CST

(Newser) – Stocks gained slightly after the Fed's decision to join four other central banks in pumping cash into the global financial system. Following yesterday's plunge of nearly 300 points after the Fed cut interest rates by only a quarter-point, the Dow gained 41.13 to close...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
There are no comments
A snapshot of the day's best news stories.
 

More Newser Stories

Financials Lead Broad Slump

'Difficult' Dow Ends Down 358

Financials Key Downward Spiral

Dow Up After Roller-Coaster Day

Stocks Rise on Buffett Rumor


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   Geek Sugar   |   Business Insider   |   HuffPost Entertainment