posted by admin on Nov 13
Investor’s Business Daily - Stock markets dived to new lows and then roared back Thursday in a wild session marked by opposing views about the extent of the U.S. economic downturn.
posted by Yahoo! News
Archive for November 13th, 2008
posted by admin on Nov 13
Reuters - Shares of Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) (BRKb.N) fell below $100,000 on Thursday for the first time since October 2006, after the company revealed large unrealized losses on derivative contracts tied to the stock market’s performance.
posted by Yahoo! News
posted by admin on Nov 13
AP - Investors did an abrupt turnaround on Wall Street Thursday, muscling the Dow Jones industrial average up more than 550 points after driving it down near its lows for the year on a stream of negative economic and corporate news.
posted by Yahoo! News
posted by admin on Nov 13
AP - A steep rally on Wall Street came too late Thursday to spur most world markets, although Latin American shares benefited from the buying spree in battered U.S. stocks.
posted by Yahoo! News
posted by admin on Nov 13
AFP - New US data Thursday showed an alarming drop in trade and Germany officially plunged into recession as gloom deepened ahead of a Washington summit on the worldwide economic crisis.
posted by Yahoo! News
posted by admin on Nov 13
Reuters - Stocks surged on Thursday and broke a three-day losing streak after the S&P 500 and Nasdaq touched new five-year lows earlier in the session, prompting investors to put aside worries about the flagging economy and scoop up wilted shares at fire-sale prices.
posted by Yahoo! News
posted by admin on Nov 13
AFP - US stocks staged a powerful rebound Thursday in highly volatile trade as traders shook off grim economic news and were buoyed by a successful test of market lows hit last month.
posted by Yahoo! News
posted by admin on Nov 13
AP - Russia’s battered stock markets suffered another chaotic day of trading Thursday, as regulators shut the exchanges in response to falling share prices, then reopened them a practice that is wearing thin with investors.
posted by Yahoo! News
