Housing woes slam GM stock::
Nov 20, 2007 Housing woes slam GM stock | GMAC losses, slump in homebuilding, Some investors also fear the looming impact of stricter fuel economy
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Stocks tumbled again Friday on growing credit market fears after a Bear Stearns executive said the current fixed income market turmoil is among the worst of the last two decades. Daily Times - Leading News Resource of Pakistan::
European stocks fall on credit fears PARIS: European stocks were down around midday on . GENEVA: The United States slammed China and India on Monday,
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Stocks were already struggling under the weight of a weaker than expected jobs report when the comments from Bear CFO Sam Molinaro hit the wires shortly after 2 p.m. Eastern, sending stocks sharply lower for the rest of the trading session.
With the pending bankruptcy of American Home Mortgage and an economy that added only 92,000 jobs last month — 43,000 less than expected — investors had plenty of reason to worry that the subprime mortgage fallout could drag the rest of the economy into a recession. Rediscovering Gold in the 21st Century by Craig R. Smith::
I have warned Americans again and again that debt and credit are like drugs Some callers expressed fear and others faith, but it seemed everyone was
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Network Appliance led the tech sector lower, plunging 20% after warning that its results will come in below Wall Street estimates.
Maxim, GSI, BigBand Networks, Multi-Fineline and Silicon Image were other earnings decliners, while Activision and Audible gained on their results. Fannie Mae, Freddie Mac hit by capital fears - Business Video News::
(Bernanke) To quiet investor fears about the two, it's told Fed Chairman Ben Bernanke to extend the pair a line of credit, and told Congress it wants to
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The Nasdaq tumbled 64 to 2511, the S&P 500 fell 39 to 1433, and the Dow plunged 281 to 13,181. Volume rose to 4.71 billion shares on the NYSE, and 2.61 billion on the Nasdaq. Declining issues led by a 27-5 margin on the NYSE, and 24-6 on the Nasdaq. Downside volume was 94% on the NYSE, and 88% on the Nasdaq. New highs-new lows were 48-394 on the NYSE, and 77-391 on the Nasdaq.
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