Australian Market Report of March 23: Awaiting Plan on US Toxic Assets

  Sydney, Australia, Mar 23, 2009 - (ABN Newswire) - US stocks slid on Friday as investors remained cautious after an unexpected boost by US Federal Reserve. Some investors started to believe that the gains in the past two weeks could be a sign of market recovery. The Obama administration is also expected to unveil a plan to cleanse up to & #36;US1 trillion in toxic assets from troubled US banks.  

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