"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.
"I'm hearing the reversal in stocks came on a story that the Fed...
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Last
8,118.8 |
Change
-41.200(0.50%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,160.0 | 8,160.0 | 8,063.2 |
| XJO (ASX) Chart |