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The panicked selloff in the stock market that sent the Dow Jones industrial average down as much as 800 points Monday before it recovered left investors' jangled nerves further on edge.
NEW YORK (October 07 2008): Fear gripped investors around the world on Monday, causing them to dump stocks and snap up safe-havens after European leaders were seen doing too little too late to stem a spreading financial crisis that threatens global growth.
Wall Street joined in a worldwide cascade of despair Monday over the financial crisis, driving the Dow Jones industrials to their biggest loss ever during a trading day. Even a big afternoon rally failed to keep the Dow from its first close below 10,000 since 2004.
(RTTNews) - The losing streak has now hit six sessions for the South Korean stock market, costing it more than 140 points or nearly 10 percent in the process - along with support at 1,400 points.
Oct. 6 (Bloomberg) -- U.S. stocks dropped, driving the Dow Jones Industrial Average below 10,000 for the first time in four years, after bank bailouts in Europe widened and commodities producers slid on concern global growth is slowing.
Washington - The Dow Jones Industrial Average Monday closed below 10,000 points for the first time in four years on worries about more bank failures or bail-outs in Europe and tumbling commodity prices. But US stocks rebounded from even starker losse...
NEW YORK (Reuters) - Stocks slid for a fourth straight day on Monday, leaving the Dow below 10,000 for the first time in four years, on fears the global economy was hurtling into recession despite government efforts to contain the fast-spreading financial crisis.
NEW YORK (AFP) - Global stock markets reeled Monday, as panicked investors scurried for cover on fears that a much-vaunted US finance sector bailout will fail to end a crippling credit crisis.
Calgon Carbon Corp. will replace Allscripts Healthcare Solutions Inc. in the S&P SmallCap 600 after the close of trading on Friday, October 10. Allscripts is undergoing a corporate restructuring that will leave it majority-controlled by S&P Global 1200 constituent Misys Plc in a deal expected to close on or about that date, pending final approvals.
NEW YORK/WASHINGTON (Reuters) - Governments around the world grasped at new measures to contain the fast-spreading credit crisis, but stock, bond and commodity markets saw investors bet on deepening uncertainty and a sharp downturn.
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