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Shares of McClatchy Company (NYSE: MNI) jumped 21.43% to $2.72 after the newspaper giant newspaper giant reported an almost 168% jump in fourth quarter profit.

Her intervention raises the prospect of the first zero per cent interest rate since the Bank of England was founded in 1694. The bank rate has sat at 0.5 per cent for well over three years, but this has failed to spark a recovery in the real economy.

Is this just a correction that pushes stocks higher by the end of the year, or is this the beginning of something far worse. For now I am going with the latter, but price action in coming weeks will offer clues about what lies ahead for U.S. equity markets.

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Global private student loans bad credit Forex Trading and FX360 .com is merely providing this information for your general information. The information and opinions presented do not take into account any particular individuals investment objectives, financial situation, or needs.