Global stocks hit record, eye end to credit woes
SINGAPORE (Reuters) – Global stocks hit a record high on Tuesday, lifted by financial companies after subprime losses detailed by big banks, including Citigroup Inc, raised hopes that the worst of the credit squeeze may be over.
NEW YORK (Reuters) – Union negotiators for workers at Chrysler LLC have signaled reluctance to tacitly approve a deal that mirrors the tentative one with General Motors Corp , the Wall Street Journal said on its Web site, citing people familiar with the negotiations.
About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.
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