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The U.S. downturn could be longer and deeper than I anticipated. With the $700 billion rescue plan a danger in itself, consider rebalancing your portfolio for harder times.
Stocks slid on Tuesday, with the Nasdaq and S&P 500 briefly falling more than 2 percent, on concerns about the fast-spreading credit crisis.
U.S. stocks fell on Tuesday, extending a sell-off that had the major indexes trading at or near four-year lows, as investors offered only a tepid cheer for the Federal Reserve's latest move to ease frozen credit markets.
U.S. stocks waver lower, extending a sell-off that had the major indexes trading at or near four-year lows, as investors offer only a tepid cheer for the Federal Reserve's latest move to ease frozen credit markets.
Oct. 7 (Bloomberg) -- U.S. retailers may post a September sales increase of no more than 1 percent, the slowest growth since March, after the meltdown on Wall Street and a jump in job losses discouraged consumers from spending, a trade group said.
U.S. stocks on Tuesday wavered lower, extending a sell-off that had the major indexes trading at or near four-year lows, as investors offered only a tepid cheer for the Federal Reserve's latest move to ease frozen credit markets.
Oct. 7 (Bloomberg) -- U.S. stocks fell for a fifth day as concern banks will have to raise more capital overshadowed the Federal Reserve's plan to purchase short-term corporate debt to unfreeze credit markets.
U.S. stock futures edged higher Tuesday as a larger-than-expected cut to Australian interest rates lifted financial markets in Asia and Europe in the wake of the previous day’s steep losses.
Kristine Owram, The Canadian Press October 7, 2008 - 11:45 a.m. An employee of the Korea Stock Exchange works in front of an electronic stock price graph in Seoul.
The Toronto Stock Exchange’s main index jumped more than 200 points at the start of trading Tuesday, bouncing back from the previous day’s massive sell-off, as overseas markets led the recovery and oil prices rebounded above $90 US a barrel.
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