posted by admin on Oct 28

Trading on the floor of the New York Stock Exchange. A frenzied buying spree sent US shares soaring Tuesday with the second-largest point gain in history for blue chips amid hopes for a rate cut and easing of a global credit crunch.(AFP/Don Emmert)AFP - A frenzied buying spree sent US shares soaring Tuesday with the second-largest point gain in history for blue chips amid hopes for a rate cut and easing of a global credit crunch.


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posted by admin on Oct 22

Traders work on the floor of the New York Stock Exchange (NYSE) moments after the opening bell in New York City. Panic-selling returned to global stock markets on Wednesday, with the leading Dow Jones industrial index shedding 5.6 percent, as fears of global recession stalked investors.(AFP/Getty Images/Spencer Platt)AFP - US stocks dived Wednesday on growing global recession fears and skidding oil prices, with the Dow industrials down more than 5.5 percent at the market close.


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posted by admin on Oct 20

Traders work on the floor of the New York Stock Exchange, October 16, 2008. (Brendan McDermid/Reuters)Reuters - The Dow and S&P rose on Monday after a brokerage’s positive comments lifted major energy companies and lower interbank lending rates gave investors hope the credit freeze might be thawing.


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posted by admin on Oct 17

Stocks fell on Friday on weakness in manufacturing and financial stocks after bleak data on consumer confidence and construction, but the Dow still snapped a disastrous three-week losing streak with it best weekly gain in more than 5 years. (Graphics/Reuters)Reuters - Stocks fell on Friday on weakness in manufacturing and financial stocks after bleak data on consumer confidence and construction, but the Dow still snapped a disastrous three-week losing streak with it best weekly gain in more than 5 years.


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posted by admin on Oct 17

People pray at Kanda Myojin, which is known as a Shinto shrine of commerce and industry, in Tokyo Friday morning, Oct. 17, 2008. Japanese stocks rebounded Friday from a historic fall the previous session as positive sentiment regained some momentum following strong overnight gains on Wall Street. The 225-issue Nikkei Stock Average gained 129.66 points, or 1.53 percent, from Thursday to 8,588.11 in the morning session. (AP Photo/Katsumi Kasahara)AP - European markets rose strongly Friday as a recovery in the price of oil helped oil stocks, but Wall Street was down after further grim U.S. economic news.


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posted by admin on Oct 10

A trader works on the floor of the New York Stock Exchange, October 7, 2008. (Brendan McDermid/Reuters)Reuters - The Dow and the S&P 500 dropped for an eighth session on Friday, as a dramatic late-day comeback stalled out to cap the worst week ever for the S&P amid more anxiety about the condition of credit markets and the threat of a global recession.


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posted by admin on Oct 10

Specialist Justin Bohan holds his head as he works at his post on the  floor of the New York Stock Exchange, Thursday Oct. 9, 2008. Stocks plunged in the final minutes of trading Thursday, sending the Dow Jones industrials down more than 675 points, or more than 7 percent, to their lowest level in five years after a major credit ratings agency said it was considering cutting its rating on General Motors Corp. (AP Photo/Richard Drew)AP - A stampede of selling that began in the waning minutes of trading on Wall Street spread to Asia on Friday, deepening a financial crisis that has defied all efforts to stop it.


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posted by admin on Oct 9

Traders work on the floor of the New York Stock Exchange. US shares plunged to fresh five-year lows Thursday in a vicious late-date selloff as jitters intensified over the global financial crunch.(AFP/Getty Images/Chris Hondros)AFP - US shares plunged to fresh five-year lows Thursday in a vicious late-date selloff as jitters intensified over the global financial crunch.


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