{"id":8972,"date":"2008-10-28T00:00:00","date_gmt":"2008-10-28T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"stocks-point-higher-as-global-shares-jump","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2008\/stocks-point-higher-as-global-shares-jump.html","title":{"rendered":"Stocks point higher as global shares jump"},"content":{"rendered":"<p>WBT &#8211; U.S. stocks appeared headed for a rebound Tuesday as investors awaited the start of a two-day meeting of the Federal Reserve that is widely expected to bring another reduction in interest rates.<\/p>\n<p>The sharp rise in stock market futures contracts Tuesday was to be expected given the extreme volatility that has been the hallmark of Wall Street&#8217;s behavior for more than a month. At the same time, the sometimes light volume of futures trading can make it difficult to determine the market&#8217;s overall mood. In recent weeks, stock futures have moved solidly in one direction, while actual trading was more moderate after the opening bell.<\/p>\n<p>A higher open would come as casualties from the global crisis piled up Tuesday: Whirlpool Corp. said it will cut about 5,000 jobs by the end of 2009, Iceland said it needs $6 billion and Germany said Pakistan must secure a loan from the International Monetary Fund within a week.<\/p>\n<p><strong><a title=\"Read Complete Article\" href=\"http:\/\/www.wbt.com\/news\/details.cfm?ap_id=D943G2J00\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WBT &#8211; U.S. stocks appeared headed for a rebound Tuesday as investors awaited the start of a two-day meeting of the Federal Reserve that is widely expected to bring another reduction in interest rates. The sharp rise in stock market [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[136,284,82,56,945,3422,3151,410,2326,147,3420,3421,1462,2718],"class_list":["post-8972","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-allocations","tag-best-performance","tag-bets","tag-blue-jays","tag-british-banks","tag-cash-securities","tag-crisis-strategy","tag-currencies","tag-high-net-worth-individuals","tag-journalism","tag-market-declines","tag-merger-mania","tag-tuohy","tag-us-federal-reserve"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8972"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8972\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}