Reuters - Stocks rallied more than 2 percent on Wednesday, powered by the best day for banks in 16 years as unexpectedly strong results from Wells Fargo & Co relieved worry about a credit crisis spiraling out of control.

AP - Wall Street at least temporarily shrugged off some of its many concerns Wednesday and bounded higher thanks to a drop in oil prices. The Dow Jones industrial average rose 276 points, or 2.5 percent, posting its best daily gain in three months.

AFP - The London stock market gained ground in opening deals on Thursday after turbulent trade this week, with a gain of 0.50 percent to stand at 5,176.60 points.

AFP - World stock markets reeled again on Wednesday on uncertainty over the unfolding US financial crisis and the prospect of more gloomy comment from US Federal Reserve chief Ben Bernanke.

Reuters - Stocks rose on Wednesday as upbeat quarterly results from Wells Fargo & Co eased concerns about the impact of the credit crisis on banks, while a fall of about $4 in oil prices reduced inflation fears and fueled optimism about consumer spending.

AP - Wall Street turned higher Wednesday as another drop in oil prices helped offset concerns about a jump in inflation last month. The Dow Jones industrial average rose more than 150 points.

Reuters - Wall Street rose off earlier losses in volatile trade on Tuesday as a big drop in the price of oil relieved some concerns about the impact of higher fuel costs on consumer spending and corporate profits and as investors snapped up beaten-down shares such as banks.

AP - Wall Street ended a whipsaw day mostly lower, as fears of escalating instability in the financial sector kept investors on edge despite a steep retreat in oil. The Dow Jones industrials on Tuesday had their first close below 11,000 since July 2006.

Reuters - U.S. securities regulators issued an emergency rule on Tuesday to limit certain types of short selling in major financial firms, including Fannie Mae and Freddie Mac .

AFP - The London stock market firmed in opening deals on Wednesday, after striking a three-year low point the previous day, with a gain of 0.13 percent to stand at 5,178.60 points.

AFP - The FTSE 100 index was lower on Tuesday, mirroring a general slump across Europe in the wake of more steep losses on Wall Street and in Asia, despite weekend moves by the US government to rescue two mortgage giants.