Geithner talk gooses stocks

Stocks rallied Friday, with the Dow industrials closing up 494 points after reports surfaced that President-elect Barack Obama will nominate New York Federal Bank President Timothy Geithner as his new Treasury secretary.

Treasurys: The pressure eases a little

Treasury yields bounced back Friday, as stocks rallied from a precipitous decline - a day after yields hit all-time lows in a warning that credit markets remain vulnerable and investors are hungry for the safety of government debt.

Dollar mixed as jitters persist

The dollar was mixed against major currencies Friday as investors remain risk-averse amid global economic uncertainty.

Oil settles below $50 again

The price of oil fell Friday, settling at a 5 1/2 year low, as volatile stock prices raised concerns about waning global energy demand.

Dollar mixed as jitters persist

The dollar was mixed against major currencies Friday as investors remain risk-averse amid global economic uncertainty.

Stock rebound on Citi talk

Stocks gained Friday morning after a report that Citigroup could put itself on the block gave investors a reason to scoop up shares hit in this week's battering.

The case for buying oil stocks

Last week, the Paris-based International Energy Agency released its World Energy Outlook 2008 - a 578-page book full of future supply, demand, and price estimates which this year also included an eagerly-awaited study of 800 of the world's largest oil fields.

Futures jump, with all eyes on Citi

U.S. stocks looked set to rebound Friday from their recent fall after a report said financial giant Citigroup is considering selling itself.

Asian markets rebound strongly

Most Asian markets rebounded strongly in afternoon trading Friday, with financials such as Mizuho Financial Group and HSBC Holdings leading the bounce after a string of recent declines.

Asian markets rebound strongly

Most Asian markets rebounded strongly in afternoon trading Friday, with financials such as Mizuho Financial Group and HSBC Holdings leading the bounce after a string of recent declines.

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