Wednesday, 25 Nov 2009 | Source: The Associated Press
Shares of JDS Uniphase Corp. headed higher Wednesday after a Citi Investment Research analyst started coverage of the communications equipment maker with a "Buy" rating.
Stocks got a weak start after the selloff in China but rebounded by midday after a report showed a surprise drop in crude inventories, which sent oil prices — and energy stocks — soaring.
Stocks got a weak start after the selloff in China but rebounded by midday after a report showed a surprise drop in crude inventories, which sent oil prices — and energy stocks — soaring.
World markets are back in selloff mode Wednesday, with Shanghai's 5 percent tumble the first indication that Tuesday's rally for world stocks might be a one-off event.
If the worst of the recession is indeed behind us, trends from previous economic pitfalls may provide investors guidance to where some of the capital inflows may go next.... Read More