AP - European stocks rose Friday, recovering from a sharp fall Thursday and shrugging off overnight losses in the U.S. and Asia as investors clung to hopes that the global recession is bottoming out and looked for bargains ahead of the weekend.
AFP - London stocks ended the week in positive territory on Friday after recent losses, helped by a late recovery from early lows on Wall Street overnight.
Reuters - Stocks rose on Friday, breaking a three-day losing streak, as investors sought to benefit from a fall in the dollar by buying shares of multinationals and commodity companies.
AP - Another bad signal from the job market and concern over a possible downgrade of British government debt sent stocks sharply lower Thursday. The day's news added to recent anxiety that the market may have moved too high too quickly on early signs of recovery in the economy. -- read full article
Reuters - Stocks slid in a broad sell-off on Thursday as investors, concerned about the U.S. budget deficit, exited dollar-denominated assets across the board.
Reuters - The dollar fell to a 2009 low on Friday as fears intensified that the United States could lose its triple-A rating, while renewed caution about the world economy and banks prompted Asian and European stocks to slip.
AP - Asian stocks wilted Friday as the possibility of credit rating downgrades for major economies and bleak unemployment figures in the U.S. added to fears the recent massive rally was built on shifting sands. European shares were moderately higher.
AP - Global stock markets fell sharply Thursday as investor hopes of a quick economic rebound were diminished by a warning from the U.S. Federal Reserve that the U.S. economy, the world's largest, was likely to shrink by more than anticipated this year.
Reuters - U.S. stocks slid on Thursday as signs of further job market weakness and a disappointing Fed regional survey added to doubts that the economy was set for quick recovery.
AP - The head of the Securities and Exchange Commission is objecting to a plan being weighed by the Obama administration to create a new financial watchdog for consumers that would assume oversight of mutual funds. -- read full article
Reuters - Shareholders would have greater power to nominate corporate directors, a process now tightly controlled by company management, under a proposal issued by the U.S. Securities and Exchange Commission on Wednesday. -- read full article