Daily FNArena News - FYI

Is an Arab rescue of Citigroup a turning point in this credit-crunched market?

An Arab capital injection into Citigroup has turned the market on its head. The Dow rallied over 200 points.

Can the euro still rise much further when the ECB is expected to cut interest rates next year?

The Dow fell 237 points last night to wipe out the illusive, thin air movement on Friday.

A court ruling in Ohio threatens to make the US mortgage crisis much worse than it already is.

The US, UK and Europe all release consumer confidence measures this week, while Australia enters a new era of much the same.

Monday will show investors whether Friday’s large gains for US equities were warranted or just holiday cheer.

In an abbreviated three and a half hour session, The Dow bounced 181 points.

BIS Shrapnel expects road construction activity will remain strong but warns the downside risks are increasing on the back of delays and cost blowouts.

The Dow fell over 200 points, crashing through the August low late in the session in another volatile night of trading.