Thursday, March 26, 2009

Quick Overview

  • U.S. GDP fell at a 6.3% annual rate in Q4.

  • U.S. Jobless claims rose 8,000 last week to 652,000.

  • Canada’s lumber production fell 23% YoY

  • YoY U.K. retail sales rose 0.4% in February

  • Mary Schapiro told the Senate Banking Committee she is drafting proposals to toughen oversight on everything from money-market funds to investment advisers.

  • (Bloomberg) -- Chinese solar stocks rose the most ever in New York trading after China, the world’s biggest greenhouse-gas emitter, introduced a subsidy to promote the use of alternative energy.


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