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ID: 35996
Title: Wall Street looks for cues from Federal Reserve meeting (AP)
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A trader pauses before the start of trading on the floor at the New York Stock Exchange in New York, Thursday, April 24, 2008. Stocks pulled back Thursday as investors juggled a drop in weekly unemployment claims and stronger-than-expected results from Ford Motor Co. with weak housing figures and cautious comments from some retailers. (AP Photo/Seth Wenig)AP - What a difference six weeks makes. Right before the last Federal Reserve meeting, investors were worried about the global banking system imploding. Now, investors are betting the credit markets are on the mend and Wall Street is looking forward to an economic recovery.


Category: Business/Stock Markets/
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Date Added: April 27, 2008 06:33:51 PM
Number Hits: 0