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Transcripts For CNNW John King USA 20111130



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 ....

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