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

A man pulls up his pants in front of a shop sign advertising discounted trousers in central Sydney, November 20, 2008. (Tim Wimborne/Reuters)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

A share trader reacts while checking share prices in front of the German share price index DAX board at the German stock exchange in Frankfurt, November 20, 2008. (Kai Pfaffenbach/Reuters)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

Traders work on the floor of the New York Stock Exchange on November 14, 2008 in New York City. 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.(AFP/Getty Images/File/Spencer Platt)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

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.(AFP/File/Stan Honda)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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