Stocks gain ground despite mass job losses in America
By Agence France Presse (AFP)
Saturday, November 08, 2008
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US and European stock markets posted strong gains on Friday after heavy losses the previous day as investors bet that a weaker-than-expected US jobs report would prompt more interest rate cuts. Dealers said trade was volatile after a mixed performance in Asia, where markets digested a series of European rate reductions on Thursday. This Article is only available in The Daily Star on-line archive. Containing over 100,000 articles, The Daily Star archive is an excellent information source and research tool for all events in Lebanon and the region since 1997.
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