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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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If markets climb a wall of worry, this is certainly a wall of epic proportions. After German Chancellor Merkel made comments that were taken to imply that the Euro-zone problems were insurmountable, the Dow swung from a 120 point gain to a 40 point loss on Wednesday, a late day swing of 160 points. The negative catalyst was of no surprise, as was the drop in the Euro in reaction to Merkel’s comment. It wasn’t the only reason. The recent domest... full story >>