Skip to: Content
Skip to: Site Navigation
Skip to: Search
SUNDAY, NOVEMBER 8, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: Libor

Libor stories: 12 news summaries
MARKETS

 Dow Rises 173 in Volatile Day 

Fed's beige book reports economic contraction

Dec 3, 08 3:25 PM CST
(Newser) - Stocks pulled higher again today after a roller coaster day that saw the Dow swing temporarily into triple-digit losses, the Wall Street Journal reports. Despite dour data on the economy, stocks rose ahead of a November jobs report, due Friday, that is expected to report large losses. The Dow gained... More »

MORE ABOUT:
Federal Reserve • Dow Jones • Nasdaq • liquidity • S&P 500 • service sector • Libor

MARKETS

 Stocks Up 305 in Election Rally 

Indices up 3%-4% after remaining in positive territory for entire session

Nov 4, 08 3:19 PM CST
(Newser) - Stocks rallied on Election Day as investors applauded the looming conclusion to the presidential race, the Wall Street Journal reports. Continuing declines in interbank lending, and strong third-quarter earnings reports also fueled optimism, with the Dow rising 305.45 to close at 9,625.28. The Nasdaq climbed 53.79... More »

MORE ABOUT:
Dow Jones • Nasdaq • Election Day • MasterCard • S&P 500 • Election 2008 • Libor • financial crisis • Archer Daniels Midland

MARKETS

 Dow Rally Ends Dreadful Month 


Oct 31, 08 3:39 PM CDT
(Newser) - Stocks rallied today despite a slew of poor economic reports as investors instead focused on falling rates in the credit markets, MarketWatch reports. Though the Dow was up 11.3% for the week, October ended as the worst month since 1987. The Dow rose 144.32 to close at 9,... More »

MORE ABOUT:
Dow Jones • consumer confidence • Nasdaq • consumer spending • credit market • S&P 500 • Libor

MARKETS

 Dow Rises 189 After GDP News 

Early news on shrinking GDP can't keep indices from rising

Oct 30, 08 3:29 PM CDT
(Newser) - The markets held ground after an early rally today, with investors shrugging off a smaller-than-expected fall in third-quarter US gross domestic product and remaining cautiously optimistic over yesterday’s Fed rate cut, MarketWatch reports. The Dow closed up 189.73 at 9,180.69. The Nasdaq rose 41.31 to... More »

MORE ABOUT:
Dow Jones • Nasdaq • GDP • federal funds rate • S&P 500 • Libor

MARKETS

 Dow Jumps 889, Cracks 9,000 

Bargain hunters spur big gains as markets jump late

Oct 28, 08 3:35 PM CDT
(Newser) - Stocks zoomed past the 9,000 mark late in today's session as investors ignored a rock-bottom consumer-confidence rating, focusing on blue-chip gains and the likelihood of another rate cut by the Federal Reserve, the Wall Street Journal reports. The Dow shot up 889.35 to close at 9,065.12.... More »

MORE ABOUT:
Boeing • Federal Reserve • Dow Jones • General Motors • Nasdaq • S&P 500 • interest rate cut • Libor • financial crisis

MARKETS

 Volatile Day Ends With Gains 

Utilities, energy spur late rally that leaves Dow up 172

Oct 23, 08 3:35 PM CDT
(Newser) - Stocks saw wild triple-digit swings today before closing with gains, MarketWatch reports. Many earnings reports were poor, and weekly jobless claims spiked, but investors also found bright spots amid the gloom. The Dow rose 172.04 to 8,691.25. The Nasdaq fell 11.84 to 1,603.91, but... More »

MORE ABOUT:
Boeing • Dow Jones • Coca Cola • Nasdaq • jobless claims • S&P 500 • Libor • financial crisis

MARKETS

 Stocks Rally, Clearing 9,000 

Bernanke urges more fiscal stimulus

Oct 20, 08 3:33 PM CDT
(Newser) - Stocks extended earlier gains with a late-session rally today as Ben Bernanke voiced support for a new fiscal stimulus package and a key indicator showed a loosening in the flow of credit, MarketWatch reports. The Dow rose 413.21 to 9,265.43, the first time it has closed over... More »

MORE ABOUT:
Ben Bernanke • Dow Jones • General Motors • Lehman Brothers • Nasdaq • S&P 500 • Libor • financial crisis

MARKETS

 Markets Rise as Credit Eases 

Volatility probably ahead; oil prices up, too

Oct 20, 08 8:46 AM CDT
(Newser) - Stocks rose at the open today, as investors saw signs the credit markets are easing, the Wall Street Journal reports. The Dow rose 104 points, while the Nasdaq and S&P saw modest 1.5% and 1.2% bumps, respectively. Stocks in Europe and Asia generally rose as well. We... More »

MORE ABOUT:
stock market • Dow Jones • markets • AIG • credit market • oil prices • Libor • financial crisis • NRG • Exelon

MARKETS

 Stocks Sink, Yet End Week Up 

More ugly news makes for yet another volatile day

Oct 17, 08 3:37 PM CDT
(Newser) - Stocks remained volatile and swung lower at the end of the today’s session,as bad economic news convinced investors the financial crisis is not over yet, MarketWatch reports. The Dow closed down 127.04 at 8,852.22, but posted a weekly gain after four weeks of losses. The... More »

MORE ABOUT:
housing market • Dow Jones • consumer confidence • Nasdaq • credit crisis • commercial paper • S&P 500 • Libor • financial crisis • interbank lending

MARKETS

 Dow Up 401 After Seesaw Day 

Investors see signs of gradually easing credit—and bargains, driving up market late

Oct 16, 08 3:23 PM CDT
(Newser) - Stocks rallied late in today’s volatile session, but stopped short of recovering yesterday’s sharp losses, rollercoastering through an 800-point range, MarketWatch reports. Crude oil futures fell $4.69, to about half of their record high in July, on a report that showed US inventories increasing. The Dow rose... More »

MORE ABOUT:
Dow Jones • core inflation • Nasdaq • credit market • credit crisis • S&P 500 • oil prices • Libor • financial crisis

Central Banks Scramble to Feed Cash Into Markets

Biz slows as
bailout talks stall

Sep 26, 08 7:00 AM CDT
(Newser) - The world's central banks are frantically spraying money into the economy to prevent it from seizing up as the US bailout package stalls and confidence plummets, Reuters reports. The holdup in Washington has made edgy commercial banks even more inclined to hoard cash and not lend to each other—leaving... More »

MORE ABOUT:
Federal Reserve • financial markets • central bank • European Central Bank • liquidity • credit crisis • Bank of England • Libor • financial crisis

 Europe's Markets 
 Dive Despite 
 Intervention 

Central banks pump cash, but bourses tumble

Sep 16, 08 7:15 AM CDT
(Newser) - Europe's central banks pumped huge amounts of cash into markets today as stock exchanges dove and interbank lending slowed to a trickle. Just after midday in London, the FTSE 100 was down by nearly 2%, with investment banks and insurers leading declines. The Bank of England injected $35.8 billion... More »

MORE ABOUT:
Lehman Brothers • European Central Bank • FTSE 100 • bear market • European markets • Bank of England • Libor

12 Stories


from our news partners