Stocks Surge in Europe and Asia on Hopes of U.S. Action

U.S. Stocks Down Ahead of Fed Announcement
Stocks were mostly higher in Europe and Asia as investors focused on the prospect of interest rate cuts.

Stocks Rise Modestly in Europe and Asia
Investors continued to struggle with forecasts about the impact the financial turmoil in the U.S. will have on other parts of the world.

Stocks Fall Sharply in Asia
Many investors were still worried that banking difficulties might continue to spread.

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