Dow (7062.93) and Nasdaq (1377.84) closed 4.1 and 4.4% down respectively last week.Support for Dow is at 6640 and Nasdaq

Feb. 27 (Bloomberg) -- Senator John McCain , who backs tougher laws to fight climate change, blasted President Barack Obama ’s plan to raise revenue from an emissions-trading system and said he will have a tough time getting support from Congress.

Friday morning, before the New York Stock Exchange opens, the President could ride Amtrak’s Acela train to Manhattan. He could stand at the steps of the Federal Hall Memorial at the corner of Nassau and Wall. There, beneath the gaze of George Washington, he could announce that he will immediately suspend or terminate all Federal Reserve and Treasury special facilities, programs, and plans: Facilities Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility;Commercial Paper Fun

Nomura has fired up the electronic trading platform of failed investment bank Lehman Brothers to provide clients with Direct Market Access (DMA) and ...