Favorable U.S. monetary policy news has sparked a massive stock market rally in New York and elsewhere.
Investors greeted Friday's strong rebound in New York stock prices with relief.
The world's stock markets have taken comfort from the news that the U.S. Federal Reserve has tilted its official leaning toward credit-easing, switching away from the previous policy bias toward credit-tightening on inflation worries.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.