Bullish Blog

The market jumps on Fed boss Bernanke's promise to help the economy 'as needed' and President Bush's plan to aid struggling homeowners. But a warning: September is the year's weakest month for stocks.

AP - Wall Street closed out another erratic week with a big gain Friday after investors took comments from President Bush and Federal Reserve Chairman Ben Bernanke as reassuring signs Wall Street won't be left to deal with problems in the mortgage and credit markets on its own.

Reuters - Stock markets ended one of the most volatile months in years on an impressive note, but this coming week still won't be any easier for investors as the employment report and housing turmoil remain high on radar screens.

FT.com - World stock markets ended the week on a strong note as investors took heart from speeches by US President George Bush and Ben Bernanke, the Federal Reserve chairman.

AFP - US stocks rallied Friday as investors welcomed Federal Reserve chairman Ben Bernanke's pledge to limit credit woes and President George W. Bush unveiled aid for distressed home buyers.

FT.com - The FTSE closed at its highest level for three weeks on Friday as investors sought to put a turbulent August behind them.

FT.com - World stock markets ended the week on a strong note as investors took heart from speeches by US President George Bush and Ben Bernanke, the Federal Reserve chairman.

FT.com - Wall Street stocks were set for a higher start on Friday, as markets awaited a statement from President George W. Bush in which he is expected to announce that the US government will help Americans with delinquent mortgages keep their homes.

AP - Wall Street closed out another erratic week with a big gain Friday after investors took comments from President Bush and Federal Reserve Chairman Ben Bernanke as reassuring signs Wall Street won't be left to deal with problems in the mortgage and credit markets on its own.

Reuters - Stocks surged on Friday as President Bush and Federal Reserve Chairman Ben Bernanke reassured investors they would do what was needed to shelter the economy from market turmoil.