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Bernanke spurs Wall Street rebound as bank fears ease
(Reuters)

February 24th, 2009 · No Comments

A man walks in front of the New York Stock Exchange in New York City. President Barack Obama Tuesday vowed shaken America would recover from its economic crisis stronger than ever, in a calculated show of boldness and confidence in his debut address to Congress.(AFP/Getty Images/File/Mario Tama)Reuters – Stocks rose more than 3 percent on Tuesday to snap back from 12-year lows, after Federal Reserve Chairman Ben Bernanke delivered a big dose of relief when he signaled that nationalization of big banks was not at hand.




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[Source: Yahoo! News: Business]

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