SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value of Perfect Information
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Q811/24/2008 1:35:37 AM
   of 262
 
Well well look here.. some good news out tonight..look how much Europe is expected to open up in a few hours..up 4 to 5%!!!!

Europe Factors-Shares set to bounce on Citi rescue plan
Mon Nov 24, 2008

1:25am EST PARIS, Nov 24 (Reuters) - European stocks were set to bounce back on Monday,
reversing some of last week's sharp losses, as the market tracks a late rally in
New York on Friday and as investors cheer a rescue plan for embattled U.S. bank
Citigroup. The U.S. government late on Sunday unveiled a $306 billion rescue package
for Citigroup in the latest attempt to bolster the stricken
financial services sector. Spreadbetters are looking for London's FTSE .FTSE to open up 147 to 152
points, or as much as 4 percent, Frankfurt's DAX .GDAXI to gain 125 to 163
points, or as much as 3.9 percent, and Paris' CAC 40 .FCHI to rise 117 to 150
points, or as much as 5.2 percent in early trade. Japanese markets were closed on Monday for a holiday. European stocks sank in a broad selloff on Friday, ending at its lowest
closing level in 5-1/2 years, with fresh fears over the financial sector
knocking down banking shares. The FTSEurofirst 300 index of top European shares has lost 49.5
percent so far this year, hit by fears that the crisis in the credit market
would spark a deep global downturn.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News