posted by admin on Dec 12
NEW YORK -- A dejected stock market headed for a plunge at the opening of trading Friday as the Senate's rejection of a $14 billion lifeline for the auto industry intensified investors' concerns about a deepening recession.posted by admin on Dec 12
A dejected stock market headed for a plunge at the opening of trading Friday as the Senate's rejection of a $14 billion lifeline for the auto industry intensified investors' concerns about a deepening recession.posted by admin on Nov 28
JEDDAH/AMMAN: The Saudi stock market suffered its deepest fall last week as uncertainty, speculation and lack of transparency were cited by analysts as the main reasons for the plunge.posted by on Nov 21
Reuters - Amid growing concern that a power vacuum in Washington was contributing to the global financial crisis, shares of U.S. banking giant Citigroup skidded on Friday while legislators and corporate chieftains weighed the fate of the U.S. auto industry.
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posted by admin on Nov 20
Reuters - Stock futures pointed to a drop on Thursday, adding to the previous session’s plunge, as investors worried about the fate of stricken U.S. carmakers and the specter of a prolonged economic downturn. At 5:33 a.m. EST, S&P 500 futures were down 1.9 percent, Dow Jones futures were down 1.3 percent and Nasdaq 100 futures were down 2.2 percent.
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posted by admin on Nov 19
AFP - US stocks plunged to five and a half year lows Wednesday after data revealed a sharp deterioration in the world’s largest economy and the Federal Reserve admitted the risk of a long recession.
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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.
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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.
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