posted by admin on Nov 10
AP - Wall Street caved in to its economic anxieties and closed lower Monday, giving up an early rally over a stimulus package in China and refocusing on the acute pullback in spending that is pummeling U.S. companies.
posted by Yahoo! News
posted by admin on Nov 10
AFP - An expanded bailout for AIG and more bad news across corporate America sent US markets falling Monday, as the US Treasury’s point man on the banking crisis said the financial system “remains fragile.”
posted by Yahoo! News
posted by admin on Nov 10
Reuters - Stocks fell in tepid volume on Monday, as investors worried about the outlook for a raft of companies from General Motors to Goldman Sachs in a harsh economic environment, stifling early enthusiasm for a Chinese stimulus plan.
posted by Yahoo! News
posted by admin on Nov 10
AP - Wall Street erased an early rally and sank Monday as enthusiasm fizzled about a $586 billion Chinese stimulus package and gave way to anxiety about how U.S. companies will survive a severe pullback in spending.
posted by Yahoo! News
posted by admin on Nov 10
Reuters - Stocks extended losses on Monday as investors doubted whether China’s deep-pocketed stimulus plan would avert a global economic slump and shares of General Motors fell to 62-year lows on worries about the carmaker’s dwindling cash.
posted by Yahoo! News
posted by admin on Nov 10
AFP - General Motors shares plunged more than 30 percent Monday after an analyst forecast their price would fall to zero, saying that even if there is a government bailout of the auto giant, shareholders would not benefit.
posted by Yahoo! News
posted by admin on Nov 10
AP - World stock markets were mixed Monday as early enthusiasm over China’s $586 billion economic stimulus plan dissipated amid renewed worries about the world economy after U.S. electronics retailer Circuit City Stores Inc. filed for bankruptcy protection.
posted by Yahoo! News
posted by admin on Nov 10
AP - Share prices closed higher Monday on the London Stock Exchange.
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