NEW YORK (AP) — Cautious investors held off making big moves Tuesday as Federal Reserve Chairman Ben Bernanke told Congress an economic recovery depends on the government's ability to stabilize weak financial markets. Bernanke's comments came as Byron NEWS
The New York Post reported this morning that Citigroup (C 1.20) is hoping to create joint ventures with third parties rather than sell some $800 billion in noncore assets outright. Citi has been unable to sell any of its assets, so the bank is now Byron NEWS
NEW YORK — Wall Street stocks opened modestly higher Tuesday as investors recovered from a massive sell-off and awaited data on home and auto sales. The Dow Jones industrial average on Monday plunged far below the 7,000 mark to end at 6,763 — the Byron NEWS
Wall Street bounced higher Tuesday after a massive sell-off and as the government announced details of a program designed to boost availability of credit. The Federal Reserve said it plans to lend up to $200 billion initially to spur consumer and Byron NEWS
TOKYO -- Asian stocks continued to fall early Tuesday, following a Wall Street dive on fears over the fate of some of the world’s biggest financial companies amid the global crisis. Japan sought to boost sentiment by saying it would free up $5 Byron NEWS
LONDON— Most European stock markets rose Tuesday, helped by a rebound on Wall Street after the previous day's rout, though Britain's FTSE 100 index remained mired at six-year lows due to its heavy dependence on financial and energy stocks. In the U Byron NEWS
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