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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 bargain hunting and lower oil 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, 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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