After a negative September, the financial markets could get a bounce from a news turn in the right direction.
Forget about Operation Twist. Next week's bond auction has the most potential to disrupt the markets.
With no one willing to lend to the biggest French banks, we'll remain in a bizarre standoff with them until we get some sort of government action.
But the losses are trimmed substantially in the late afternoon, even as traders worry that a Greek debt default could come soon. Tech stocks rebound, especially Apple, which hits a record high. Gold and oil fall.
We are beginning to recognize that the sovereign debt crisis will be solved -- just not in a way that is satisfying to anybody.
Prices climb as investors await a resolution to Europe's escalating debt problems.
European markets have been on a tear since the US Treasury secretary assured us that we are not about to see a replay of Lehman. Will our market follow suit?
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