Stocks rallied today as investors placed bets that a recovery in the financial and housing sectors is more likely to occur following the US government’s move to bail out mortgage giants Fannie Mae and Freddie Mac. The Dow Jones industrials gained nearly 300 points.

Wall Street closed mixed today after weakness in the technology sector punctured some of the market’s enthusiasm over a report that suggested the economy could still be growing.

Companies backed by state agency IDA Ireland injected almost €15bn into the Irish economy last year, it emerged today.

Wall Street ended a record-setting week quietly today, closing inches above 12,000 after a lacklustre profit report and forecast from Caterpillar dampened the market’s good mood and prompted many investors to pull back.

Wall Street ended a lacklustre session little changed today after a speech by Federal Reserve Chairman Ben Bernanke failed to give investors any hints about US interest rate policy despite their concerns that the economy might be slowing too fast.

MORE than 50 jobs will result from the transfer by Sandisk of its European and Middle East (EMEA) headquarters from Holland to Dublin.

MORE than 50 jobs will result from the transfer by Sandisk of its European and Middle East (EMEA) headquarters from Holland to Dublin.

A US company is establishing its European headquarters in Dublin with the creation of almost 40 jobs, it was confirmed today.

US investors sent stocks falling sharply for a second day in a row today as crude oil prices surged near 55 per barrel.