September 18, 2008

Stocks open higher, traders still nervous

U.S. stocks, nursing deep losses from the past few days, opened higher Thursday after the Federal Reserve and central banks throughout the world pumped $55 billion dollars into the markets.


September 16, 2008

Fed pumps $50B into financial system

The Federal Reserve Bank of New York’s action comes in addition to its regular market operations to inject $20 billion into the system slated for the day.

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