posted by on Nov 21

An employee uses her mobile phone in front of an electronic stock board at the Korea Stock Exchange Market in Seoul, South Korea, Friday, Nov. 21, 2008. The Korea Composite Stock Price Index jumped 55.04 points, or 5.8 percent, to close 1,003.73. (AP Photo/Ahn Young-joon)AP - European markets fell further Friday as early gains on Wall Street were wiped out amid mounting fears about the U.S. economy and the future of banking giant Citigroup Inc. in particular. Asian stocks closed mostly higher earlier in the day.

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posted by admin on Nov 20

Investor’s Business Daily - 1 The S&P 500 plunged 6.7%, undercutting its low from the 2000-02 bear market as stocks’ free fall continued. The NYSE composite sank 7.2% as energy stocks fell on crude’s slide below $50. The Dow lost 5.6%, the Nasdaq 5.1%. Volume climbed. Indexes had rebounded on word of a compromise deal to help carmakers, but retreated as that plan was shelved.

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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 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 13

A trader works on the floor of the New York Stock Exchange, November 13, 2008. (Brendan McDermid/Reuters)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.


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