The Group of 30 calls for tighter regulation of the financial sector. The group outlined several necessary reforms. Volcker is head of President-elect Barack Obama’s special economic recovery advisory board. Congress votes to release the remaining $350 billion in bailout funds. The Dow closed up 12.35 to 8,212.49; S & P 500 up 1.12, to 843.74; Nasdaq composite moved up 22.20 to 1,511.84; Dow closed down in past six trading days.”]
Source: https://www.cuinfosecurity.com/economists-say-more-regulation-needed-a-1163