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    Stock Markets Headlines
    Lehman debt protection costs jump as shares dive (Reuters)
    Reuters - The cost to insure Lehman Brothers debt against default surged on Friday, as its stock price plunged for the second day. -- read full article
    Fri, 11 Jul 2008 14:27:07 GMT - Yahoo! News: Stock Markets News
    Stocks sink on credit worries, oil (Reuters)

    Traders work in the Oil Futures pit at the New York Mercantile Exchange in New York, June 11 2008. Oil leapt $5 to a record high above $147 a barrel on Friday amid growing worries of threats to supplies from Iran and Nigeria and a strike by Brazilian oil workers next week. REUTERS/Brendan McDermid (UNITED STATES)Reuters - Stocks fell sharply on Friday on worry about the financial stability of the top two home financing providers Freddie Mac and Fannie Mae, while oil prices hit an all-time high, clouding the outlook for the economy.


    -- read full article
    Fri, 11 Jul 2008 18:32:22 GMT - Yahoo! News: Stock Markets News
    Dow drops below 11,000 for 1st time in 2 years (AP)

    In this May 2, 2007 file photo showing the Fannie Mae building in Washington. Fannie and Freddie each fell more than 40 percent Friday, July 11, 2008, on growing speculation that a government bailout is needed. A collapse of the two financiers would cause further shock to the financial system, and trigger more losses to banks and brokerages with significant holdings of mortgage-backed securities. (AP Photo/Manuel Balce Ceneta, file)AP - Wall Street sank further into a bear market Friday, as investors dumped stocks on troubles at mortgage companies Fannie Mae and Freddie Mac and oil's continuing climb into record territory. The Dow Jones industrials slid below the 11,000 mark for the first time in two years before paring their losses.


    -- read full article
    Fri, 11 Jul 2008 18:54:39 GMT - Yahoo! News: Stock Markets News
    Stocks rise on Dow Chemical deal, Bernanke (Reuters)

    Traders work on the floor of the New York Stock Exchange, July 8, 2008. (Brendan McDermid/Reuters)Reuters - Stocks rose on Thursday, helped by optimism about a major deal in the chemicals sector and after the Federal Reserve chairman said the central bank and the government are focused on stabilizing the financial system.


    -- read full article
    Thu, 10 Jul 2008 20:52:58 GMT - Yahoo! News: Stock Markets News
    Wall Street gains amid financial worries (AP)

    Traders work the floor of the New York Stock Exchange Thursday, July 10, 2008  in New York. Stocks rebounded Thursday after discounters posted better-than-expected sales for June and Dow Chemical Co. announced an agreement to acquire rival Rohm and Haas Co. in a deal worth more than $15 billion.  (AP Photo/Frank Franklin II)AP - Wall Street stumbled through another volatile session but ended with a respectable gain Thursday after a multibillion dollar deal between Dow Chemical Co. and rival Rohm and Haas Co. helped offset concerns about the financial sector and energy costs.


    -- read full article
    Thu, 10 Jul 2008 22:28:39 GMT - Yahoo! News: Stock Markets News
    European shares slide after Wall Street slump (AFP)

    A trader standing in front of an index board at the stock exchange in Frankfurt in March 2008. Europe's main stock markets have slumped after US stocks had tumbled overnight on worries about the weak US housing market and its affects on the wider economy, analysts said.(AFP/DDP/File/Martin Oeser)AFP - Europe's main stock markets slumped on Thursday after US stocks had tumbled overnight on worries about the weak US housing market and its affects on the wider economy, analysts said.


    -- read full article
    Thu, 10 Jul 2008 11:17:55 GMT - Yahoo! News: Stock Markets News
    Banking woes push stocks towards 21-month low (Reuters)

    Traders work the floor of the New York Stock Exchange Thursday, July 10, 2008  in New York. Stocks rebounded Thursday after discounters posted better-than-expected sales for June and Dow Chemical Co. announced an agreement to acquire rival Rohm and Haas Co. in a deal worth more than $15 billion.  (AP Photo/Frank Franklin II)Reuters - World stocks fell towards this week's 21-month low on Thursday as fresh concerns resurfaced over the financial sector -- the epicenter of the nearly one-year-old credit crisis.


    -- read full article
    Thu, 10 Jul 2008 12:06:56 GMT - Yahoo! News: Stock Markets News
    Shares close lower weighed down by retailers, banks (AFP)

    People walk past the London Stock Exchange. UK blue chips closed lower, as a loss of confidence in the retail sector after a number of downbeat broker notes and weakness among banking stocks outweighed strength from the Dow Jones Industrial Average.(AFP/File/Shaun Curry)AFP - UK blue chips closed lower, as a loss of confidence in the retail sector after a number of downbeat broker notes and weakness among banking stocks outweighed strength from the Dow Jones Industrial Average.


    -- read full article
    Thu, 10 Jul 2008 16:54:37 GMT - Yahoo! News: Stock Markets News
    Stocks higher despite worries about financials (AP)

    Traders work the floor of the New York Stock Exchange Thursday, July 10, 2008  in New York. Stocks rebounded Thursday after discounters posted better-than-expected sales for June and Dow Chemical Co. announced an agreement to acquire rival Rohm and Haas Co. in a deal worth more than $15 billion.  (AP Photo/Frank Franklin II)AP - Stocks moved higher in choppy trading Thursday as a deal for Dow Chemical Co. to acquire rival Rohm and Haas Co. boosted investor confidence but could not fully offset continued worries about the health of financial companies.


    -- read full article
    Thu, 10 Jul 2008 18:33:11 GMT - Yahoo! News: Stock Markets News
    Dow, S&P turn negative on oil, financials (Reuters)

    Traders work on the floor of the New York Stock Exchange, July 8, 2008. (Brendan McDermid/Reuters)Reuters - The Dow and the S&P 500 turned negative on Thursday as the price of oil jumped more than $5 and financial stocks fell on worries about more credit losses.


    -- read full article
    Thu, 10 Jul 2008 18:37:30 GMT - Yahoo! News: Stock Markets News
    S&P 500 plunges into a bear market (Reuters)

    Traders work on the floor of the New York Stock Exchange, July 8, 2008. (Brendan McDermid/Reuters)Reuters - Stocks tumbled on Wednesday, dragging the S&P 500 into a bear market, as worries about more credit losses hurt financial companies and Cisco Systems led technology shares lower after its CEO raised fears of an extended economic downturn.


    -- read full article
    Wed, 09 Jul 2008 20:31:10 GMT - Yahoo! News: Stock Markets News
    Stocks tumble on uneasiness about financials (AP)

    In this photo released by the New York Stock Exchange Euronext, U.S. Secretary of Labor Elaine L. Chao, second right, rings the closing bell at the Exchange, Wednesday, July 9, 2008 in New York. The others on the podium are unidentified. (AP Photo/NYSE Euronext, Ray Girard)AP - Wall Street tumbled Wednesday as investors grappled with renewed worries about the soundness of the financial sector. The major indexes fell more than 2 percent, including the Dow Jones industrial average, which lost more than 230 points.


    -- read full article
    Wed, 09 Jul 2008 22:18:11 GMT - Yahoo! News: Stock Markets News
    Stocks fall as oil prices rebound (AP)

    Trader Michael Capolino, right, talks on his mobile phone as he works on the floor of the New York Stock Exchange, Thursday July 3, 2008. Stocks fluctuated in volatile trading Thursday after a private research group reported that the nation's services sector contracted last month and as investors absorbed a mostly tame report on employment. (AP Photo/Richard Drew)AP - Wall Street declined Wednesday as a mild recovery in oil prices sapped the momentum from the previous day's big stock rally.


    -- read full article
    Wed, 09 Jul 2008 17:33:33 GMT - Yahoo! News: Stock Markets News
    Stocks fall as oil rises, Cisco drops (Reuters)

    Traders work on the floor of the New York Stock Exchange, July 8, 2008. (Brendan McDermid/Reuters)Reuters - Stocks fell on Wednesday as rising oil prices renewed concerns about the impact of higher energy costs on consumer spending, while a sharp drop in Cisco Systems Inc shares sent the Nasdaq nearly 1 percent lower.


    -- read full article
    Wed, 09 Jul 2008 17:58:44 GMT - Yahoo! News: Stock Markets News
    The Short View: Negative returns (FT.com)
    FT.com - It's official: US stocks have had a wasted decade. The real return on the S&P 500 since 1998, after subtracting consumer price inflation, is just below zero. The last time this was true, according to Merrill Lynch, was in 1983. -- read full article
    Tue, 08 Jul 2008 19:00:23 GMT - Yahoo! News: Stock Markets News
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