Archive for November 14th, 2008

posted by admin on Nov 14

Investor’s Business Daily - 1 In another wild session, stocks sold off and rallied — but this time tumbled again in the final hour, closing near session lows. The Nasdaq plunged 5%, the NYSE composite 4.6%, the S&P 500 4.2% and the Dow 3.8%. But volume was sharply lower. Consumer stocks fell hard after a gloomy retail sales report. The 10-year Treasury yield fell 14 basis points to 3.72%.

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posted by admin on Nov 14

A board on the floor of the New York Stock Exchange shows the closing number for the Dow Jones Industrial Average Friday, Nov. 14, 2008. Wall Street has ended a turbulent week with another astonishing show of volatility on Friday, with stocks plunging, recovering and plunging again as investors absorbed another wave of downbeat economic news. (AP Photo/Richard Drew)AP - Wall Street ended a turbulent week with another astonishing show of volatility Friday, with stocks plunging, recovering and then plunging again as investors absorbed another wave of downbeat economic news. The Dow Jones industrials fell almost 340 points and the major indexes all fell sharply for the second straight week.


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posted by admin on Nov 14

AP - Precious metals and agriculture futures advanced Friday, getting a boost from a short-lived afternoon rally on Wall Street and the potential for an additional interest rate cut. Energy prices, meanwhile, slumped due to ongoing concerns over demand.

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posted by admin on Nov 14

Traders work on the floor of the New York Stock Exchange, November 14, 2008. (Brendan McDermid/Reuters)Reuters - U.S. stocks fell on Friday after a record drop in retail sales last month heightened fears that American consumers’ reluctance to spend will push the economy into an even deeper downturn than currently expected.


posted by Yahoo! News

posted by admin on Nov 14

A trader works on the floor of the New York Stock Exchange Friday, Nov. 14, 2008. (AP Photo/Richard Drew)AP - Wall Street fluctuated in a choppy session Friday as investors absorbed another wave of downbeat economic news and took little solace from hints that an additional interest rate cut might be possible.


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posted by admin on Nov 14

A trader works on the floor of the New York Stock Exchange, November 13, 2008. (Brendan McDermid/Reuters)Reuters - The Dow and the S&P 500 turned positive on Friday, as gains in the energy sector overshadowed a record drop in retail sales last month.


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posted by admin on Nov 14

AP - Share prices were higher Friday on the London Stock Exchange.

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posted by admin on Nov 14

A passer-by watches the electronic stock board of a securities firm in Tokyo Friday, Nov. 14, 2008. The benchmark Nikkei 225 stock average rose 351.15 to 8589.79 in the morning session. (AP Photo/Shizuo Kambayashi)AP - U.S. stocks fell sharply Friday as investors booked profits from the previous day’s hefty rally, pulling European stocks off their highs for the day. Asian stocks rose.


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