ABC News (blog) |
Dow Jones Industrials Soar on Central Bank Action
ABC News (blog) The Dow Jones industrial average surged 401 points, or 3.4 percent, at 10:30 am in New York. “Obviously, these moves are designed to increase the flow of dollar liquidity to European banks, which are struggling to attract short-term funding because of … Fed's Bullard: Fed Monetary Policy On Pause For Some Time To Come Use Of ECB Deposit Facility Again Hits New 2011 High Thursday Stocks, Euro, Commodities Surge as Central Banks Boost Liquidity |