October 2008

Stock Funds Disgorge Record $56 Bil (Investor's Business Daily)

Investor's Business Daily - Investors reacted to September's stock market conflagration by stampeding out of the door. They pulled a net $63.54 billion out of stock, bond and hybrid funds. In contrast, August's $12.14 billion exit was a calm grade-school fire drill.

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Wall Street rallies, caps solid week (AFP)

Traders work  on the floor  of the New  York Stock Exchange.  Wall Street shares  rallied Friday, extending  the gains from  a strong week,  as investors focused  on lower interest  rates and improving  credit conditions, shaking  off weak economic  news.(AFP/Getty Images/Spencer Platt)AFP - Wall Street shares rallied Friday, extending the gains from a strong week, as investors focused on lower interest rates and improving credit conditions, shaking off weak economic news.


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US, European markets post solid gains (AFP)

A dealer  monitors the stocks  at the Indonesia  Stock Exchange in  Jakarta. Wall Street  shares bounced higher  Friday, prompting solid  gains in Europe  at the end  of a month  of wild volatility  and huge losses  amid fears a  deep recession lies  ahead.(AFP/Roslan Rahman)AFP - Wall Street shares bounced higher Friday, prompting solid gains in Europe at the end of a month of wild volatility and huge losses amid fears a deep recession lies ahead.


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Wall St up more than 2 percent (Reuters)

Traders work  on the floor  of the New  York Stock Exchange,  October 30, 2008.  (Brendan McDermid/Reuters)Reuters - Stocks rose more than 2 percent on Friday as financial shares gained on optimism about further signs of thawing in credit markets, but the Dow remained on track to log its worst month in a decade.


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World markets up on pension fund buying spree (AP)

A man  walks past an  electronic stock board  in downtown Tokyo,  Japan, Friday, Oct.  31, 2008. Japan's  stocks opened sharply  lower on Friday,  falling below the  9,000 level set  up on the  previous day.   (AP Photo/Itsuo Inouye)AP - World markets rose Friday amid stock buying from pension funds balancing their portfolios at the month's end and a general sense that share prices may have hit a bottom. Asian shares had earlier closed mostly lower.


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FTSE 100 up 85.69 points (AP)

AP - Share prices on the London Stock Exchange closed higher on Friday.

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Global markets lurch unsteadily to end of a mad October (AFP)

A Filipino  trader gestures as  he talks to  his colleague at  the Philippine Stock  Exchange in Manila's  financial district in  Makati. World stock  markets had mixed  fortunes, with fearful  investors groping for  direction at the  end of a  mad month of  wild volatility and  huge losses amid  fears a deep  recession lies ahead.(AFP/File/Jay  Directo)AFP - World stock markets had mixed fortunes Friday, with fearful investors groping for direction at the end of a mad month of wild volatility and huge losses amid fears a deep recession lies ahead.


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