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Market Update : 
Hope Drives U.S. Stocks, Another Housing Plan
Author: 123jump.com Staff
123jump.com
Last Update: 3:42 PM EST February 12 2008


U.S. stocks rallied after Warren Buffett made a low offer to support municipal bond reinsurance portfolio of $800 billion from three largest bond insurance companies. The U.S. also released a plan along with six major home lenders to help people who are on the brink of foreclousre, however the effort appears to be driven by political considerations. General Motors reported losses on the declining market share in the U.S.

 

 

 

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