For the week ending Friday, March 14, 2008 the US Markets ended mixed. Market moving events include the
Fed's $200B expansion of its securities lending program and the
Bear Stearns bailout, amongst others leading to extreme market volatility. The Dow gained 417 points on Tuesday, only to lose the majority of its gains to close up only 0.48% for the week. The VIX crossed 30 for the first time since January.
Next week, the markets will watch for the the
FOMC announcement on interest rates Tuesday, the
Visa IPO on Wednesday, and a
slew of brokerage earnings including Goldman Sachs, Lehman Brothers, Morgan Stanley and possibly Bear Stearns.
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