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Wall Street tumbles on recession news
Published December 1, 2008, 11:15 pm, The Clarion-Ledger
Confirmation that the nation is in a recession and signs pointing to a prolonged downturn sent Wall Street plunging again Monday, hurtling the Dow Jones industrials down nearly 700 points - more than half of last week's gains. All the major indicators fell more than 7 percent, and the Standard & Poor's 500 index dropped nearly 9 percent.
Stock market suffers big setback
Published December 1, 2008, 11:13 pm, Tucson Citizen
NEW YORK - The stock market suffered one of its worst days since the financial meltdown Monday, slicing 680 points off the Dow Jones industrial average as Wall Street snapped out of its daydream of a rally and once again faced the harsh reality of a recession.
As Recession Is Declared, Stocks End Five-Day Rally With Severe Slump
Published December 1, 2008, 11:13 pm, Washington Post
NEW YORK, Dec. 1 -- The stock market on Monday suffered one of its worst days since the financial meltdown began, slicing 680 points off the Dow Jones industrial average as Wall Street snapped out of its daydream of a rally and once again faced the harsh reality of a recession.
Asian Stocks Fall as Manufacturing Declines; Woodside, JFE Drop
Published December 1, 2008, 11:07 pm, Bloomberg
Dec. 2 (Bloomberg) -- Asian stocks tumbled, extending a global rout, as a deepening world recession drove down commodity prices and heightened concern company earnings will collapse as manufacturing shrinks.
Dow drops nearly 680 on consumer spending worries
Published December 1, 2008, 11:02 pm, The Pantagraph
NEW YORK -- The reality that the nation is indeed in recession and that the downturn may well be prolonged sent Wall Street plunging Monday, hurtling the Dow Jones industrials down nearly 700 points and wiping out more than half of last week's big gains. All the major indicators fell more than 7 percent, with the Standard & Poor's 500 index down nearly 9 percent.
Market plunge wipes out half of recent rally
Published December 1, 2008, 10:56 pm, St. Louis Post-Dispatch
NEW YORK — Stocks slid the most since October on Monday, wiping out more than half of last week's rally, on growing concern the global economic slump is deepening and consumers access to credit is shrinking.
Stocks Drop 679 Points On Recession News
Published December 1, 2008, 10:54 pm, KDKA Pittsburgh
Confirmation that the nation is in a recession and signs pointing to a prolonged downturn sent Wall Street plunging once again Monday, hurtling the Dow Jones industrials down more than 679 points and erasing a huge chunk of last week's big gains. All the major indexes fell more than 7 percent.
Addex Starts Phase IIb ADX10059, Proton Pump Inhibitor Combination Study in GERD Patients
Published December 1, 2008, 10:38 pm, Marketwire via Yahoo! Finance
Addex Pharmaceuticals, the allosteric modulation company, started today a Phase IIb trial of ADX10059 as an add-on therapy to proton pump inhibitors for the treatment of gastroesophageal reflux disease, the cause of heartburn and other symptoms.
Steelers the gold standard for defense
Published December 1, 2008, 10:34 pm, Abilene Reporter-News
Fittingly enough for a team that wears the color predominantly on its uniforms, but the Pittsburgh Steelers are the new gold standard for NFL defenses.
(AFX UK Focus) 2008-12-02 05:49 Thai Hot Stocks-Index up, court disbands ruling party
Published December 1, 2008, 10:19 pm, Interactive Investor
BANGKOK, Dec 2 (Reuters) - Thailand's benchmark stock index erased early losses and moved higher on Tuesday as the Constitutional Court found the main party in the government coalition guilty of electoral fraud and said it must be disbanded.
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