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Last updated: 20:10:33 Tuesday Nov 11, 2008


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  • Consumer spending worries send stocks lower
    NEW YORK - Wall Street got another dose of painful reality Tuesday and sent stocks diving as investors recognized that few industries are safe from the consumer spending slump -- whether they're building homes, making cars or selling coffee. The Dow Jones industrial average lifted off its lows of the day, but still closed down nearly 180 points.   Activities:U.S. Markets Global Financial Crisis   2008-11-11

    Wall Street falls, unable to shake economic woes
    NEW YORK - Wall Street caved in to its economic anxieties and closed lower Monday, giving up an early rally over a stimulus package in China and refocusing on the acute pullback in spending that is pummeling U.S. companies.   Nations:U.S.   People:Henry Paulson Harry Reid Nancy Pelosi   Activities:2008 China Stimulus Plan U.S. Markets   2008-11-10

    Stocks tumble, lose 10 percent in 2-day rout
    NEW YORK - Wall Street plunged for a second day, triggered by computer gear maker Cisco Systems warning of slumping demand and retailers reporting weak sales for October. Concerns about widespread economic weakness sent the major stock indexes down more than 4 percent Thursday, including the Dow Jones industrial average, which tumbled more than 440 points.   People:Barack Obama   Activities:U.S. Markets   2008-11-06

    Stocks plunge anew as recession worries resurface
    NEW YORK - A case of postelection nerves sent Wall Street plunging Wednesday as investors, looking past Barack Obama's presidential victory, returned to their fears of a deep and protracted recession. Volatility swept over the market again, with the Dow Jones industrials falling nearly 500 points and all the major indexes tumbling more than 5 percent.   People:Barack Obama   Activities:U.S. Markets   2008-11-05

    First batch of bailout money for banks moving soon
    WASHINGTON - The government prepared Monday to move the first batch of bailout money to banks as fretful world markets plunged again. Wall Street ended with a big drop at the closing bell, sending the Dow Jones industrials to their lowest close since the financial meltdown began.   People:Henry Paulson   Activities:2008 U.S. Financial Rescue   2008-10-27

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