Markets Await Obama’s Economic Announcement, Bailout Plan for Citigroup Unveiled

Article Date : 25 November 2008
News Section: USA

President-elect Barack Obama plans to name his new economic leadership team today triggering oil prices to rise above $50 a barrel Monday in Asia, according to the Associated Press . Monthly home sales data is also slated for a release today, but stock futures pointed to a higher open on Wall Street today, too, after a sharp rally late on Friday and following a U.S. government plan to rescue embattled Citigroup, Reuters reported...

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