U.S. stocks advance, cheering Fed liquidity move

Date: Tue, 11 Mar 2008 16:01:03 (GMT)
U.S. stocks advance, cheering Fed liquidity move

U.S. stocks rally, reversing course after three sessions of declines, as
investors cheer the Federal Reserve's move to loan as much as $200
billion in securities in a bid to boost liquidity in the financial
system.

Financial Stocks: Thornburg leads financials rally after Fed action

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.

The Fed: Fed turns on the spigot of money again

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

Google lands EU clearance for DoubleClick acquisition

Google obtains the approval of European regulators for the company's
pending acquisition of online advertising provider DoubleClick.

Economic Report: Trade gap widens slightly in January

The U.S. trade deficit widens slightly in January as strong exports are
offset by higher oil prices.