21.12.2010 - 20:37 [ Wall Street Journal ]

US Stocks Rise, Led By Banks Following Deal Activity

Major banks led the Dow Jones Industrial Average higher as deal activity boosted financials and a Chinese official‘s comments boosted sentiment around the fragile euro zone…
„Europe is a lingering condition,“ said Stephen Wood, chief market strategist at Russell Investments. „It‘s not that dissimilar from housing or employment–you can say it‘s stabilized, but it won‘t get better anytime soon.“