Saturday, November 17, 2012

U.S. stocks rally after Bernanke comments

MARKETWATCH FRONT PAGE

U.S. stocks rise sharply in early trading Monday, rebounding from last week�s losses, after a speech from Federal Reserve Chairman Ben Bernanke signaled the central bank is committed to a monetary policy that�s helped buoy stocks for three years. See full story.

�Hunger Games�: Move over, �Harry Potter�

Blockbuster movie is the new darling franchise of Hollywood � and Wall Street � but Jon Friedman reports that former underdog studio Lionsgate will now face elevated expectations. See full story.

Lionsgate jumps after �The Hunger Games� debut

Shares of Lionsgate Entertainment Corp. rally after the movie �The Hunger Games� earns an estimated $155 million at the box office over the weekend, beating expectations and making it the biggest opening for a nonsequel film. See full story.

Bernanke: Not clear if good jobs trends will last

Federal Reserve chief points to accommodative monetary policy as helping underpin labor-market improvement, but he says greater economic demand is the best means to ensure jobs don�t deteriorate again. See full story.

Fed warned not to keep rates too low for too long

The heads of the Bank of Japan and the Bank for International Settlements warn the Fed not to hold monetary policy too loose, saying it could delay needed adjustments See full story.

MARKETWATCH COMMENTARY

Instead of acknowledging that banks have become a part of government, we keep pretending they are private institutions, writes David Weidner. See full story.

MARKETWATCH PERSONAL FINANCE

Looking for great summer travel deals? The trick to finding vacation-season savings is to know where the deals are (think Florida and Spain) and to know when to find them (shop for tickets and fly midweek). See full story.

No comments:

Post a Comment