Posts Tagged ‘ bailout ’


New $800 Billion Bailout Initiative Aimed At Main Street Gives Investors New Hope

Submitted by
on November 26, 2008

, , , ,

While many U.S. stock market players may have faced Tuesday with trepidation, thinking it unlikely that markets would experience gains for a third day in a row, the announcement by the Treasury Department and the Federal Reserve that $800 billion will be injected into the struggling U.S. economy resulted in the session ending with most major indexes reflecting slight increases. The Dow Jones industrial average closed 0.4 percent up and the Standard & Poor’s 500 index climbed 0.7 percent, however, the Nasdaq Composite dropped 0.5 percent. The Dow may have gained 12.3 percent over...

Read more »

U.S. Markets Rebound on Hopes of Revised Bailout Plan Success

Submitted by
on October 1, 2008

, , ,

While global financial markets continued to fluctuate on Tuesday, U.S. markets rose substantially, gaining back roughly half of Monday’s enormous losses. Analysts believe that this rebound is due in part to expectations that, before the end of the week, Congress will push through a revised bailout plan. These expectations were strengthened when both Presidential candidates made it clear that they are in favor of the U.S. government’s efforts to rescue the financial sector, while President Bush confirmed that Monday’s defeat was by no means the end of the...

Read more »

$700 Billion Plan Rejected as American Voters Voice Discontent

Submitted by
on September 30, 2008

, , , ,

The decision by the U.S. House of Representatives to reject the proposed $700 billion bailout for the financial sector has had rapid and far reaching repercussions. Within Monday’s seven and a half hour trading day, a record $1.2 trillion disappeared from the U.S. stock market. The Dow Jones industrial average tumbled by 777.68 points, or close to 7 percent, breaking all previous one-day decline records, while the S&P 500 dropped by 8.5 percent and NASDAQ by 9.1 percent.

Read more »

Is Multi Billion Dollar Bailout Plan On A Rocky Road To Nowhere?

Submitted by
on September 26, 2008

, , ,

With the Bush Administration’s $700 billion financial sector bailout plan dominating news headlines, and authorities seemingly unable to reach an agreement, the stock markets continue to be tossed about on a turbulent sea of uncertainties. Thursday saw a slight market rally, with investors cautiously optimistic that the bailout plan would be approved on Thursday, and put into action in the very near future. Indeed, at one stage on Thursday it did appear that an agreement had been reached, but then, once again, the wheels fell off, squashing any...

Read more »

$700 Billion Plan – More Questions than Answers

Submitted by
on September 24, 2008

, , , ,

Investors remain on high alert as Congress continues to weigh the pros and cons of the Bush administration’s proposed $700 billion financial institution bailout plan. It appears that the more the matter is debated, the more the cons start to outweigh the pros overall. The markets have responded to the uncertainty of the situation by dipping even further on Tuesday, with the Dow ending the day 161.5 points lower, the S&P 500 was down 18.87 points and NASDAQ fell 25.64 points, being a decline of 1.5%, 1.6% and 1.2% respectively.

Read more »

Caution Called For In $700 Billion Bailout Plan

Submitted by
on September 23, 2008

, , , ,

Friday’s elated response at stock exchanges, to US Federal Government’s proposal to buy troubled assets from financial institutions was short-lived as reality set in with regard to the sheer magnitude of the problem, along with doubts as to whether a bailout would unfreeze the credit market, and concerns over the burden that the proposed $700 billion bailout would place on American taxpayers. Monday saw the Dow Jones Industrial Average drop by 372.75 points, with the S&P 500 losing 47.99 points and NASDAQ slipping by 94.92 points, being 3.3%, 3.8% and...

Read more »

Investors Remain Apprehensive Despite AIG Bailout

Submitted by
on September 18, 2008

, , ,

The Federal Reserve’s $85 billion life-line thrown to AIG late Tuesday, has done little or nothing to boost confidence in the U.S. financial sector. Wall Street experienced yet another nightmarish day on Wednesday as stock markets continued to tumble. Investors are extremely concerned that even government intervention may not be enough to stop the financial crisis from spinning out of control, and uppermost in many minds is the question of “Who will be next?”

Read more »


 


 

Archives