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Saturday, February 23, 2008

U S Stocks rally back on Ambac

Stocks staged an impressive comeback Friday, with the Dow surging more than 200 points late in the session, after a report said that troubled bond insurer Ambac Financial could see a bailout as soon as next week.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Monday, Jun 30
06:30 ANZ Activity Outlook 1 34.8
06:30 ANZ Business Confidence 1 36.6
06:30 TD-MI Inflation Gauge (MoM) 1 -0.4%
06:30 TD-MI Inflation Gauge (YoY) 2 2.6%
07:00 Private Sector Credit (MoM) 1 0.7% 0.7%
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