Thursday, March 19, 2009

World's Stock Market Rose After Fed's Announcement

Most of world's stock market were closed higher after Federal Reserve's announced its $1.2 trillion spending plan. The Fed hoped by this spending plan, the worst global slowdown will end quicker.

On the other side, the investors are waiting on report about new workers filing for unemployment benefits. The Labor Department's report is scheduled to be released Thursday at 8:30 a.m. EDT.

Maybe the Wall Street will face a mixed move at today's market opening, but I think with investor's optimism, the stock market will still be better today..


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