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Top Stories Romney handily wins Nevada Republican caucus Republican frontrunner easily defeats Newt Gingrich in the Nevada Republican caucus, building his lead in his bid for the party’s nomination to challenge President Barack Obama in November. Russia, China veto U.N. resolution against Syria U.S. President Barack Obama calls on Syria’s president to step down accusing the regime of murdered hundreds of its own citizens on Friday. Thousands of Russians protest Putin’s candidacy Demonstrators turn out in below-freezing temperatures to protest the prime minister’s bid for another presidential term. NewsWatch: U.S. stocks follow win streak with focus on Europe Cisco, Coca-Cola, Disney and Visa are among bellwethers set to report results amid expectations for market gains to continue; resolution of Europe’s debt crisis is expected to drag on. See All Top Stories >> |
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China reassured the world markets and economies that they were not looking to unload Euro sovereign debt. I’m sure they are always “looking” at their portfolio holdings, but the markets had overreacted to the statement. On Wednesday, we had a nice follow-through day to Tuesday’s attempted reversal. The Dow was up about 120 points. After the reaction to the Financial Times story on China, the Dow finished the day down 70 points, a swin... full story >>