AFP - Investors showed signs of fledgling optimism on Monday that the global financial crisis could be starting to ease as Russia unveiled far-reaching plans to overhaul the world economy.
Reuters - General Electric shares jumped nearly 5 percent to $10.07 shortly after the market open on Monday, marking the first time the stock was above $10 since February 19. -- read full article
Reuters - The average Briton is 40,000 pounds ($56,150) worse off because of the credit crunch, as house prices and stock markets slump, a report said on Monday. -- read full article
Reuters - Stocks rose for a fifth day in a row on Monday after Barclays joined other major banks in saying it had a strong start for 2009, fueling hopes that the beaten-down sector may be stabilizing.
AP - Wall Street rallied for a fifth straight session Monday after reassuring comments from Federal Reserve Chairman Ben Bernanke and encouraging news from another big bank. The Dow Jones industrials rose more than 100 points, following other world markets higher.
AP - Asian stock markets advanced for a second day Monday, with Tokyo's index up nearly 2 percent, on cautious optimism that government pledges to heal the financial system and spur growth will reinvigorate the flagging world economy.
Reuters - Stocks scored their best week since November on Friday as a broker upgraded Merck & Co , saying its deal to buy a rival was shrewd, and Citigroup said it did not need any more government aid.
AP - A comeback in bank shares handed the stock market its best week since November as fears eased that major financial institutions would collapse or require additional government lifelines. Market veterans were quick to rein in hopes that the market would chart an uninterrupted recovery but many still saw the four straight days of gains a good sign.
Reuters - The U.S. Securities and Exchange Commission said it will meet on April 8 to consider whether to propose "short sale price test rules," which could include reinstating the so-called "uptick rule." -- read full article