"I'm hearing the reversal in stocks came on a story that the Fed just concluded a conference call with the Primary Dealers regarding today's announcement; the short version: the Financing Facility will only help commercial banks, not investment banks. Therefore, liquidity and balance sheet issues still exist," said Hogan.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
8,736.3 |
Change
97.300(1.13%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,639.0 | 8,745.2 | 8,639.0 |
| XJO (ASX) Chart |