May 28 (Bloomberg) -- Moorad Choudhry, a professor at London Metropolitan University, and Stephen Gallo, head of market analysis at Schneider Foreign Exchange, talk with Bloomberg's Andrea Catherwood about the prospects for the euro and the dollar as reserve currencies.
Friday, May 28, 2010
US markets post second biggest day of gains in 10 months
May 27, 2010 — A certifiable rally on Wall Streets; stocks having second biggest day of gains in 10 months, the Dow almost 3% higher on a gain of 284 points, S&P 500 up 35 points and the Nasdaq picking up 82 points.
Thursday, May 27, 2010
U.S. Stocks Rally on Chinese Support for Europe, Energy
May 27 (Bloomberg) -- Bloomberg's Courtney Donohoe reports on the performance of the U.S. equity market today. U.S. stocks surged, with the Dow Jones Industrial Average rebounding above 10,000, as China's commitment to investing in Europe allayed concern the debt crisis will worsen. Energy shares rallied as BP Plc temporarily stopped the flow of oil from a Gulf of Mexico leak. Bloomberg's Pimm Fox also speaks. (Source: Bloomberg)
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