Stocks Slide after China Sell-Off
Shanghai's major index dropped 8.8%, prompting equity weakness worldwide. Investors were also spooked by a big drop in durable goods orders.
http://snipurl.com/1bjn0
Dow Ends Down 416, Nasdaq Closes Down 97
Stocks plummeted Tuesday, briefly hurtling the Dow Jones industrials down nearly 550 points as Wall Street succumbed to a global market plunge sparked by growing concerns that the U.S. and Chinese economies are cooling and that equities prices have become overinflated.
http://www.chron.com/disp/story.mpl/ap/fn/4586668.html
US durable goods orders plummet AFP
Orders for manufactured US durable goods sank 7.8 percent in January, as orders for transportation equipment fell heavily, the Commerce Department said Tuesday.
http://snipurl.com/1bjo0
Central Bks Raise Euro, Cut Dollar Share Of Reserves -CBP Survey
Of the 47 central banks that responded by December to the survey, 21 of them, managing reserves of $630 billion, said they had increased the share of their reserves held as euros, and 15 of those said they had done so at the expense of the dollar.
http://snipurl.com/1bjpf
How Long Can The U.S. Count On Foreign Funding?
As the dollar sags and other investments beckon, a shakeout looms.
http://snipurl.com/1bjqm
Home Prices in Across the Board Decline
Home prices in the top 10 metro areas fell 0.8% in December, the largest monthly drop since 1991. Home prices in the 20 metro areas fell 0.7% in December.
http://snipurl.com/1bjrg
US mortgage crisis goes into meltdown
Panic has begun to sweep the sub-prime mortgage sector in the United States after the bankruptcy of 22 lenders over the past two months, setting off mass liquidation of housing loans packaged as securities.
http://snipurl.com/1bjsa
From Information Clearing House
http://snipurl.com/1bjn0
Dow Ends Down 416, Nasdaq Closes Down 97
Stocks plummeted Tuesday, briefly hurtling the Dow Jones industrials down nearly 550 points as Wall Street succumbed to a global market plunge sparked by growing concerns that the U.S. and Chinese economies are cooling and that equities prices have become overinflated.
http://www.chron.com/disp/story.mpl/ap/fn/4586668.html
US durable goods orders plummet AFP
Orders for manufactured US durable goods sank 7.8 percent in January, as orders for transportation equipment fell heavily, the Commerce Department said Tuesday.
http://snipurl.com/1bjo0
Central Bks Raise Euro, Cut Dollar Share Of Reserves -CBP Survey
Of the 47 central banks that responded by December to the survey, 21 of them, managing reserves of $630 billion, said they had increased the share of their reserves held as euros, and 15 of those said they had done so at the expense of the dollar.
http://snipurl.com/1bjpf
How Long Can The U.S. Count On Foreign Funding?
As the dollar sags and other investments beckon, a shakeout looms.
http://snipurl.com/1bjqm
Home Prices in Across the Board Decline
Home prices in the top 10 metro areas fell 0.8% in December, the largest monthly drop since 1991. Home prices in the 20 metro areas fell 0.7% in December.
http://snipurl.com/1bjrg
US mortgage crisis goes into meltdown
Panic has begun to sweep the sub-prime mortgage sector in the United States after the bankruptcy of 22 lenders over the past two months, setting off mass liquidation of housing loans packaged as securities.
http://snipurl.com/1bjsa
From Information Clearing House
rudkla - 28. Feb, 11:23
