Stay updated with breaking news from Man bailing. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
big time around the world wherever you look. the dow posting its best day in more than two and a half years with a rocking 490-point gain. that puts the dow back in positive territory for the year. above 12,000, which is a psychologically very important level for the 401(k) s in this country. the nasdaq and s&p up more than 4% as well. why? well, it began with america s top economic man bailing out europe which is on the verge of bringing down the economy. former new york stock exchange floor trader, obviously, it was ben bernanke working with other central bank chiefs around the world. this is europe-related? this is definitely europe-related. there s more to it than that. but futures were roaring very, very early as a direct of ben bernanke, the federal reserve s move to effectively lower the cost of gaining access to u.s. dollars. kr? because u.s. dollars, that s the world s reserve currency. that s what the euro zone needs for their banks and financial institution ....