Fed's in no rush to hike rates, Lockhart says

Date: Wednesday, September 30, 2009

Fed's in no rush to hike rates, Lockhart says

There is no rush for the Federal Reserve to begin to tighten monetary
policy, the president of the Federal Reserve Bank of Atlanta says.

WEDNESDAY'S BIGGEST GAINING AND DECLINING STOCKS

Among the companies in active trade are Boston Scientific, CIT, Darden
Restaurants, Granite Construction, Jabil Circuit, J&J, Micron
Technology, Nike, Omnova, Onyx Pharma, Sealy and TransDigm.

SCHAPIRO TO EXPLORE LIMIT ON 'NAKED' SHORT SELLING

The Securities and Exchange Commission is exploring stringent action
against naked short selling, an abuse some consider a key contributor
to the financial crisis.

OIL RISES AS DATA SHOW RISING GASOLINE DEMAND

Crude-oil and gasoline futures rise, after government data show a
surprising decrease in gasoline inventories last week.

DOLLAR SLIPS AFTER TRIO OF ECONOMIC DATA

The dollar declined, capping off a decidedly difficult quarter amid
increased optimism over the global economic outlook.