Stocks edge higher on hopes for IMF cash boost
Monday, January 16th, 2012
Traders work on the floor of the New York Stock Exchange Wednesday, Jan. 18, 2012. Wall Street is opening slightly higher. Traders are weighing signs that Germany, Europe’s largest economy, could slide into a recession against reports that the International Monetary Fund could get more cash to help countries struggling with debts.
12:09 PST NEW YORK, –
Wall Street edged higher Wednesday following reports that the International Monetary Fund could get more cash to help countries struggling to manage their debt.
Stocks got another push from a surprisingly strong report on the housing market.