Tuesday, 2 August 2011

Stocks rally after debt agreement is reached

NEW YORK (AP) - August 1, 2011 -- Stocks are rallying after President Barack Obama and Congressional leaders announced that they had agreed on a deal to raise the nation's borrowing limit ahead of Tuesday's deadline. The Dow Jones industrial average jumped 85 points, or 0.6 percent, to 12,227 ...

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  • The sharp reversal came after Bernanke offered downbeat comments on the U.S. economy. He said economic growth has been "somewhat slower" than expected ...
  • hosted.ap.org


  • NEW YORK (AP) -- The debt showdown in Washington is rattling the stock market again. Stocks fell Monday after Republican and Democratic leaders offered competing ...

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