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Investors around the world raced to scoop up stocks on Wednesday, after the Federal Reserve said it will work with other central banks to support the global economy. View full post on Latest stock market news from Wall Street – CNNMoney.com

By Steven Russolillo Three substantial economic developments announced in quick succession Wednesday, including efforts from several central banks to shore up the global financial system, prompted the Dow Jones Industrial Average to notch its largest gain since March 2009. Central banks around the globe announced a coordinated plan to make dollar funding cheaper for European [...]

Bank stocks rallied Wednesday — despite a credit rating downgrade by Standard & Poor’s — after the world’s top central banks announced a coordinated effort to avoid another global credit crunch. View full post on Latest stock market news from Wall Street – CNNMoney.com

In the increasingly desperate search for the proverbial big “bazooka,” European policy makers are now exploring ways for the International Monetary Fund to help contain the eurozone debt crisis. View full post on Latest stock market news from Wall Street – CNNMoney.com

I wrote in yesterday’s column about how the market wanted the European Central Bank to do something. It looks like the ECB listened. View full post on The Buzz – CNNMoney.com

Standard and Poor’s downgraded the credit ratings of 15 banks Tuesday, after applying new criteria to the world’s 37 largest banks. View full post on Latest stock market news from Wall Street – CNNMoney.com

Investors around the world cheered and raced to scoop up stocks Wednesday, after the Fed said that it will act with other central banks to boost liquidity and support the global economy. View full post on Latest stock market news from Wall Street – CNNMoney.com

By Steven Russolillo And Brendan Conway NEW YORK?Three substantial economic developments announced in quick succession, including efforts to make dollar funding cheaper for European banks, drove buyers into global equity markets and pushed U.S. stocks sharply higher shortly after the opening bell. Central banks around the globe announced a coordinated plan to support the global [...]

Investors around the world cheered and raced to scoop up stocks Wednesday, after the Fed said that it will act with other central banks to boost liquidity and support the global economy. View full post on Latest stock market news from Wall Street – CNNMoney.com

By Steven Russolillo And Brendan Conway NEW YORK?Three substantial economic developments announced in quick succession, including efforts to make dollar funding cheaper for European banks, drove buyers into global equity markets and pushed U.S. stocks sharply higher shortly after the opening bell. Central banks around the globe announced a coordinated plan to support the global [...]