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Morning Rundown
The Morning Rundown is a report that is published before market open every day. It provides a summary of overnight market news, a diary and the day's trading strategies.
Car Bail-out hope lifts Dow
US stocks closed in the blue on reports Congress had approved a $14bn bail-out for the US car industry. Dow Jones closed up 70 at 8,761. Nasdaq gained 18 to 1,565 while the S&P 500 added 10 to 899.
Footsie Rally's 6%
US stocks rallied for a second day after President-elect Barack Obama unveiled a huge economic stimulus package, while press reports suggested that a deal to bail out the car makers could be announced soon.
US and Asia Rally in wave of Investor Optimism
US markets rallied strongly after an early fall sparked by the worst jobs figures in 34 years with more than half a million jobs lost in the US last month.
Rate cuts greeted with little enthusiasm
Big jobs cuts across a range of industries soured sentiment with all of the major indices closing lower. Dow Jones closed down 215 points to 8,376.
Rate Decision Looms
US stocks surged ahead after investors shrugged off the gloomy economic news.
