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| Stocks end lower amid worries on Fannie, Freddie
(AP)
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| AP - Wall Street's angst over the ongoing fallout from the credit crisis made for a turbulent end to a volatile week Friday stocks tumbled, soared and then turned south again as investors tried to assess the dangers faced by the country's biggest mortgage financiers, Fannie Mae and Freddie Mac.
-- read full article |
| Sat, 12 Jul 2008 02:52:54 GMT - Yahoo! News: Stock Markets News |
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| European shares slide further
(AFP)
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| AFP - Europe's main stock markets extended losses on Friday, as Paris registered a 25-percent drop since the start of 2008 and investors worried about the US financial sector, traders said.
-- read full article |
| Fri, 11 Jul 2008 10:55:24 GMT - Yahoo! News: Stock Markets News |
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| Fannie, Freddie keep plunging
(Reuters)
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| Reuters - Shares of Fannie Mae and
Freddie Mac plunged anew on Friday on the latest set of
concerns about their future after the New York Times reported
the U.S. is considering taking over the two finance companies
if their funding problems worsen. -- read full article |
| Fri, 11 Jul 2008 11:29:36 GMT - Yahoo! News: Stock Markets News |
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| Stocks sink on credit worries, oil
(Reuters)
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| 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 |
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| Dow drops below 11,000 for 1st time in 2 years
(AP)
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| 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 |
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| Stocks rise on Dow Chemical deal, Bernanke
(Reuters)
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| 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 |
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| Wall Street gains amid financial worries
(AP)
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| 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 |
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