stocks and investing
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submitted by Mr X 4 weeks 5 days 19 hours 33 minutes ago
An hour that has become known for its heartbreaking declines proved a boon on Thursday, as stocks gained 400 points in the final minutes, despite a rash of weak reports on the health of the economy.
The Dow Jones industrial average, which had swung wildly throughout the...(more)
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submitted by Jazz 9 weeks 1 day 14 hours 5 minutes ago
Nervous investors hit the sell button in the last half hour of trading Monday, sending the Dow Jones industrial average down more than 500 points on the day.
Wall Street had spent the day trying to make sense of a rapidly changing financial landscape on Monday...(more)
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submitted by Micca 5 weeks 5 days 14 hours 30 minutes ago
NEW YORK (AP) -- Stocks plunged in the final minutes of trading Thursday, sending the Dow Jones industrials down more than 600 points to their lowest level in five years after a major credit ratings agency said it was considering cutting its rating on General Motors...(more)
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submitted by Robby for team staff news 3 weeks 6 days 6 hours 38 minutes ago
Earnings season, that quarterly ritual when companies report their financial results, is a little over two weeks old. And while the view in the rear-view mirror isn't terrible, the road ahead looks dismal. The economic contagion that has withered the financial sector appears to be...(more)
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submitted by Robby for team staff news 3 weeks 5 days 3 hours 37 minutes ago
AFP - Gloomy figures from Japan and South Korea sparked a massive sell off on Asian markets Friday, as regional leaders agreed to set up an 80-billion-dollar fund to fight the global economic crisis.
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submitted by Micca 6 weeks 6 hours 44 minutes ago
NEW YORK (AP) _ The misery worsened on Wall Street Tuesday, with stocks piling on losses late in the session and bringing the two-day decline in the Dow Jones industrials to more than 875 points amid escalating worries about credit markets and the financial sector.
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submitted by Robby for team staff news 5 weeks 2 days 15 hours 37 minutes ago
AP - While the rest of the world is facing a financial meltdown, the Iraq Stock Exchange is booming.
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submitted by Robby for team staff news 5 weeks 5 days 19 hours 37 minutes ago
Stocks rebounded at the opening bell today after a strong earnings report from bellwether International Business Machines and with hopes for new efforts to stabilize troubled banks. The Dow Jones industrial average opened up over 100 points at the opening bell and then declined slightly...(more)
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submitted by JKM 6 weeks 1 day 16 hours 27 minutes ago
Stocks took an even sharper dive late in the afternoon on Monday, as stricken investors sent the Dow Jones industrials down more than 700 points with 90 minutes remaining in the session.
Markets around the world spiraled downward on Monday as the banking crisis tightened its grip...(more)
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submitted by Robby for team staff news 6 weeks 3 days 5 hours 37 minutes ago
It's been a rocky year for all investors, but for those who parked their money in mutual funds, it's been downright shocking. The public's crisis of confidence in the stock market, in the economy and in the country's political leadership pummeled virtually all mutual funds...(more)
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submitted by Robby for team staff news 8 weeks 4 days 11 hours 37 minutes ago
The Bush administration capped the workweek Friday with additional unprecedented steps designed to stave off a potential Wall Street collapse that would have dramatic ramifications across the globe.
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submitted by Robby for team staff news 5 weeks 4 days 20 hours 37 minutes ago
U.S. stocks continued a relentless sell-off at the opening bell today as fears of global recession continue to overtake government efforts to address the financial crisis. The Dow Jones industrial average fell below 8,000 today, dropping 8 percent or 682 points at the opening bell....(more)
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