Stock Market

The fed and Ben Bernanke acting early this time instead of simply reacting. An injection of liquidity prompted a rally in the financial sector, some of todays big movers where banking stocks:

Stocks making gains over 15% today include some very recognizable names:

Last %change
WM - WASHINGTON MUTUAL INC 11.93 18.82
NLY - Annaly Capital Mana… 16.85 15.57
CFC - COUNTRYWIDE FINANCIAL 5.04 15.60
FRE - FREDDIE MAC 20.16 15.93
SLM - USA EDUCATION INC 19.60 17.44
JASO - JA Solar Holdings C… 14.58 17.68
HOV - Hovnanian Enterpris… 9.98 16.18
CMO - CAPSTEAD MORTGAGE CORP 12.41 23.73
IFN - INDIA FUND INC 46.05 15.99
LULU - lululemon athletica… 26.15 20.40
GSOL - Global Sources Ltd. 14.45 35.05
SSI - Stage Stores, Inc. 14.32 16.42
AHR - Anthracite Capital Inc 6.08 15.37
LAB - LaBranche and Co Inc 5.21 23.17
TBSI - TBS International Ltd 33.00 15.14
PJC - PIPER JAFFRAY COS 38.65 18.16
SYX - SYSTEMAX INC 11.80 30.97
PFWD - PHASE FORWARD INC 17.78 15.91