All Entries Tagged With: "dow jones"
Wall Street crumbles: Dow Jones falls lowest since Oct 2004
For the first time in four years the Dow Jones industrials fell below 10,000 and at times slid nearly 500 points as the credit crunch engulfs the markets.
As investors come to realise that Bushes $700 billion rescue bill will not work immediately to unfreeze the credit markets as banks are still finding it hard to [...]
UK stock market melts as shares nosedive
The FTSE 100 crashed down early trading and by mid-morning had fell 6 percent. By midday it was 271 points lower at 4708.5, off 5.5 percent, this nosedive could end up putting the index in a position to be one of its worse days trading ever. It was the same picture for European markets and [...]
Bailout bill signed: will the markets recover?
After a chaotic week that sent markets tumbling the revised $700 billion bailout was approved by the House of Representatives which are a deal that will go down in US history as potentially the most expensive intervention by the American
National City Bank stock lead US recovery
National City Corporation along with Sovereign Bancorp Inc have led gain among US regional banks after US lawmakers said they intend to salvage the $700 billion bank-rescue package that President
FTSE 100 falls hard as US bailout plan rejected
The US bailout rejection caused havoc with the FTSE 100 on Tuesday morning, within minutes of opening the index was down almost 100 points. The hardest hit on the London Stock Exchange were insurer Old Mutual and mortgage lender
House Vote rejected: Dow Jones immediately fell 6 percent
The Dow Jones industrials fell more than 700 on Monday early trading as concerns grew that the bailout vote would fail, but as news broke that President Bush $700 billion bailout was