futures contracts

Wall Street showed relief early Monday over the government's plan to bail out Citigroup Inc. _ a move it hopes will help address some of the uncertainty hounding the financial sector.

Stock index futures contracts indicated the market was poised to extend a sharp rally from Friday.

Wall Street showed relief early Monday over the government's plan to bail out Citigroup Inc. — a move it hopes will help address some of the uncertainty hounding the financial sector.

Stock index futures contracts indicated the market was poised to extend a sharp rally from Friday.

The dollar fell sharply against major currencies in Singapore, while futures contracts on American stocks nosed-dived.

The two biggest factors in oil’s high price are the weakness in the U.S. dollar’s exchange value and the liquidity that the Federal Reserve is pumping out.

In an effort to forestall a serious recession and further crises in derivative instruments, the Federal Reserve is pouring out liquidity that is financing speculation in oil futures contracts.