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Obama warns against overconfidence NEW YORK (Reuters) - Democratic presidential nominee Barack Obama warned his supporters to guard against overconfidence on Thursday as he and underdog Republican rival John McCain opened a 19-day sprint to Election Day.
Market up 3 percent on NEW YORK (Reuters) - Stocks rose sharply in volatile trade on Thursday, as investors snapped up beaten-down shares a day after Wall Street's worst day since the 1987 stock market crash, and consumer companies gained as the price of oil slid.
U.S. reports grim data, EU vows to shield economy NEW YORK (Reuters) - Major U.S. banks reported huge losses and other data painted a grim outlook for the U.S. economy on Thursday as Europe vowed to shield its industries from the global crisis that hammered markets again.
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