NEW YORK Wall Street ended a relatively calm session with a moderate loss yesterday as investors, while pleased with the government’s plans to spend $250 billion to buy stock in private banks, decided to cash in some of their profits from the previous day’s massive advance.

S&P 500 Futures Advance After Index’s Biggest Drop Since ‘87 (Bloomberg)
Oct. 16 (Bloomberg) — U.S. stock futures rose, indicating the Standard & Poor’s 500 Index will advance after its biggest plunge since the 1987 crash, as oil’s drop to a 13-month low lifted consumer companies and money-market rates in Europe fell.

Stocks post mild loss as investors cash in (Worcester Telegram & Gazette)
NEW YORK – Wall Street ended a relatively calm session with a moderate loss yesterday as investors, while happy with the government’s plans to spend $250 billion to buy stock in private banks, decided to cash in profits from the previous day’s massive advance as they refocused their attention on the economy.

More people going to cash advance stores to make ends meet (WATE 6 Knoxville)
As the economy’s downswing continues, more Americans are looking for quick cash, which may mean a visit to a cash advance store. But in many cases, it goes on to cost them big.

Indian Bonds Advance After Central Bank Cuts Cash Reserve Ratio (Bloomberg)
Oct. 16 (Bloomberg) — India’s 10-year bonds gained the most in almost a week after the central bank announced measures to boost funds in the nation’s cash-strapped financial system.

Investors cash in on record rise (Daily Press)
“We certainly expect heightened volatility … while we sort out just exactly what’s going on.” Wall Street ended a relatively calm session with a moderate loss Tuesday as investors, while happy with the government’s plans to spend $250 billion to buy stock in private banks, decided to cash in profits from the previous day’s massive advance as they refocused their attention on the economy. …