TORONTO (Dow Jones)–The U.S.
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Monday, March 23, 2009
The Treasury's announcement again fortified stocks
The Treasury's announcement again fortified stocks and kept the dollar The dollar throughout much of this month has seen its customary safe-haven status fade away, and that trend remained intact Monday as Treasury Secretary Timothy Geithner elaborated on his department's far-reaching plan to forge public-private partnerships to sop up mortgage debt and other soured assets. Treasury's further detailing of its plans to stabilize the financial system touched off another strong rally in equities and supported global risk appetites. dollar ended lower against a wide range of currencies save for the faltering yen Monday, after the U.S.
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