The market opened on a higher note this morning, following nice gains in Europe and Asia and several positive developments here in the U.S.Jobless claims came in lower than expected at 301,000. This is well below the levels normally associated with a recession, which often run in excess of 450,000. Also, the White House confirmed its agreement on an economic stimulus plan that will provide between $300-$1200 to U.S. taxpayers. The NYS Insurance Dept. said it is working on a plan to help out the ailing mortgage bond in[...]
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[Source: The Money Blogs]
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