Markets Dive in Last Hour, Carving New Lows
Jack Healy, The New York Times: "In a day dominated by fear and uncertainty, financial markets plunged in late trading, carving new lows, in a melee of selling that cut across every sector of the market. Energy companies took the heaviest blows as the price of crude oil fell below $50 a barrel, and financial stocks sank sharply on fears that billions in government aid have done little to cure the financial and credit crises. 'The market can only take so many punches,' said Quincy Krosby, chief investment strategist at The Hartford. 'This market needs a break. It needs clarity. The question is, when and how much?”
http://www.truthout.org/112108J
http://freepage.twoday.net/search?q=financial+market
http://freepage.twoday.net/search?q=financial+crisis
http://www.truthout.org/112108J
http://freepage.twoday.net/search?q=financial+market
http://freepage.twoday.net/search?q=financial+crisis
rudkla - 21. Nov, 17:24