« Continue Browsing

Article Preview

Banks lead stock rally

Published 03/02/2012, The Jamestown Sun

Banks dodged a big hit from the Greek debt crisis and rallied Thursday to lead the stock market higher. Strong retail sales and more encouraging news about the U.S. job market also helped stocks rise. The banks of the world are on the hook for as much as $70 billion in bond-insurance payments if Greece defaults on its debt. But a panel ruled that Greeceā€™s plan to restructure its debt should not trigger any insurance payments, at least not yet.

Word count: 500

Log In

The full article is available to newspaper subscribers. If you are a subscriber please log in to continue reading.


Are you a newspaper subscriber but you don't have a Digital Access account yet? Click here to set one up. You will need your subscription account number and phone number.

Not sure if you have an account? Email us at subscriberservices@forumcomm.com and we can help you.

Reset Your Password

Please enter your full e-mail address. We will e-mail you a temporary password.