Stocks charted higher numbers this morning from the opening bell on Wall Street. The Dow climbed up to 9930 at 10:40am setting record numbers for 2009. Meanwhile, the dollar pulled back against the yen and euro as Central banks unloaded the US currency. The dollar sell off pushed crude future prices up $1.81 to $73.58.
Here is an article from the Wall Street Journal. click here
Meanwhile a CNNMoney.com article released today notes that many economists think the worst of the global recession is over. This article is based on a survey of top economists also notes that more pain is expected before recovery is complete. Read the full article click here