After the us justice department sued america s largest card network, accusing the company of illegally monopolising the debit card market and driving up prices for businesses and consumers. Lifting us financial markets, well, there was a sharp rise in al darling nvidia s stock price. That was after the company said its ceo, jensen huang, was done selling stock in the chip maker for now. And china s wave of stimulus to jolt its ailing economy, well, that also boosted us stocks that have exposure to china. So far this week, it has been light on the economic front, with investors still digesting that rate cut from the federal reserve. But on the economic calendar, things should pick up as the week goes forward. As michelle mentioned, the usjustice department has filed a lawsuit against visa. It says the world s largest payments processor illegally stifled competition to maintain a monopoly over the us debit card market, through means like paying off potential competitors. Visa says the cl
Hello
United-states
Business-today
Steve-lai
Consumer-confidence
Reading
Michelle-fleury
Records
Stock-markets
Highs
Latest
Dowjones-industrial-average
stock index climbed 4.3%. the nasdaq up 4.2, all after the federal reserve and a handful of other central banks announced they d make it easier for global financial institutions to borrow dollars, which are in high demand as investors are get more skittish about the oar re. cnn s richard quest is among the market watch who see it as a pain reliever than a lasting cure. richard quest, central banks around the world make clear they re ready to help, markets love it, all around the world, including best day on wall street, up more than 4%. investors are ask are we finally on a sustainable path to growth or is this another stop on the roller coaster? oh, absolutely, no hesitati n hesitation, it s a stop on the roller coaster. one day s actions by the central bank of the fed and five others does not a recovery or end of the crisis make. what happened here was the central banks got together and recognized that some banks are having difficulties getting hold of dollars, if they
Numbers
Rally
Debt-crisis
Europe
Skeptics
Points
Percentage
Territory
Gain
Dow
Standard-and-poor-s
500