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Subscribe to RSSStocks opened higher on Wall Street Friday, putting the markets on track for a five-day rally despite concerns about the European financial crisis.
European finance ministers, meeting in Poland, said Friday that they would not decide until next month whether Greece has qualified for another round of bailout funds.
Treasury Secretary Timothy Geithner was in Poland meeting with his counterparts and urging them to act in concert to address the growing financial crisis there. If it worsens, many experts feel that it could tip the global economy back into recession.
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Stocks open higher!Despite Concerns over the European Market!Place your bets Please!
Should read: "Stocks open higher for absolutely no reason except that it adds up that way"
Day traders must be going crazy... you gotta stand back and watch with this market.
Its the 1920s all over again. (Those of you who thought...no the late 1930s think we already went through the IMPENDING crisis.)
We have unemployment going up, GDP flat, and a steady if not rising flood of foreclosures. Europe and the US are swamped with debt and people are STILL GETTING RICH OFF OF THE RISING STOCK MARKET!!!
Come on people we need a smaller leaner government and lower taxes to stimulate business but we MUST ROOT OUT THESE ROBBER BARONS WHO ARE MANIPULATING THE MARKET!!!!
I agree CitizenNine. The stock market is nothing more than a rich man casino right now. Our economy is not healthy at all, we have rising oil prices forcing the rising cost of everything else. Those of us that are fortunate enough to be working probably have not had a raise in the last 3-5 years. I know I haven't and I am sick and tired of this.
Well apparently Chairman ObaMAO is serious about redistributing the wealth. Take what very little the poor, formerly the middle class, has left and distribute it to the wealthy.
SOON their may be no stock market if we are to bail out EUROPE , NO one will have no money to put in the stock market . THANKS CONGRESS once again remember AMERICA ?????