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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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Investors pushed the market higher late Wednesday after the FOMC statement called the recovery tepid, but stayed with the rhetoric that it would not produce a double-dip recession. However, the overnight press was far more critical, making it seem as though a double-dip recession was upon us. On Tuesday and Wednesday, the bears had plenty of ammunition to make a case for a failing economy. It did gain a bit of traction in yesterday’s trading. ... full story >>