Fed turns on the spigot of money again

Date: Tue, 11 Mar 2008 21:06:03 (GMT)
Fed turns on the spigot of money again

The Federal Reserve joins with other central banks to extend its
temporary lending program to provide more liquidity to global financial
markets.

The Technical Indicator: Will the Fed's action repair recent technical
damage?

CINCINNATI
The U.S. markets have rallied sharply, fueled by the Federal Reserve's
latest liquidity plan.

Financial Stocks: Fed plan sparks biggest gain in 6 weeks for bellwether
gauge

Financial-services stocks surge after the Federal Reserve says it will
inject more cash into the banking system to try to limit the damage from
the broadening credit crunch.