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Stocks rise on banks and lower oil (Reuters via Yahoo! News)
Stocks rose in another turbulent session on Tuesday as a pullback in oil prices eased worries about consumer and business spending, while financial shares gained after the Fed chairman said he may keep open a lifeline for banks.
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Comments by Fed chief lift U.S. stocks and the dollar (International Herald Tribune)
Wall Street stocks and the dollar moved sharply higher Tuesday after reassuring comments from the Federal Reserve chairman, Ben Bernanke, and a sharp drop in commodities prices on futures markets.
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Stocks rise on oil decline, Bernanke talk (USA Today)
Stocks turned higher Tuesday as oil prices dropped sharply for the second straight day and investors were encouraged by the possibility of more help for the ailing financial system. The Dow Jones industrials gained more than 100 points.
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Asian Stocks Advance on Credit-Market Outlook, Oil's Decline (Bloomberg.com)
July 9 (Bloomberg) -- Asian stocks rose the most in almost three months, led by banks and industrial companies, as JPMorgan Chase & Co.'s chief executive officer said credit-market losses will ease and oil prices had their biggest drop since March.
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Japan's 10-Year Bonds Fall as Stocks Rally on Crude Oil Decline (Bloomberg.com)
July 9 (Bloomberg) -- Japanese government bonds fell, pushing 10-year yields up from a one-week low, as stocks rallied after crude oil declined the most in three months.
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Japan Stocks Rise as Machine Orders Climb, Crude Prices Retreat (Bloomberg.com)
July 9 (Bloomberg) -- Japanese stocks advanced after machine orders surged almost 10 times faster than economists had expected and crude prices fell the most in three months, easing concern earnings and demand will slump.
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Asian Stocks Advance on Credit-Market Outlook, Oil's Decline (Bloomberg.com)
July 9 (Bloomberg) -- Asian stocks rallied the most in three weeks, led by banks and industrial companies, on speculation credit-market losses will ease and after crude oil prices retreated the most since March.
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Selloff in Financial Stocks Lacks Sense (WallStreet Journal via Yahoo! Finance)
To James Stewart, the current indiscriminate selloff in the financial sector makes no sense. His strategy has been to gradually whittle down his thriving energy stocks and build up some positions in financial companies.
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Asia Markets: Shanghai stocks extend rally, lift Hong Kong (Market Watch)
HONG KONG (MarketWatch) -- Shanghai-listed stocks soared Wednesday, lifting China-related shares in Hong Kong, on bargain buying after steep recent losses and on speculation the mainland government might act to provide support to the market.
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Stocks stage recovery (CNN Money)
Stocks surged Tuesday, with falling oil prices and a stronger dollar giving investors an incentive to scoop up financial services and other shares hit in the recent selloff.
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