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Stocks extend huge losses to 8th straight day (Washington Post)
NEW YORK -- Wall Street extended its devastating decline Friday as investors, still seeing no resolution to the credit crisis, sold frantically and propelled the Dow Jones industrials to their eighth straight day of losses and worst week ever. Stocks gyrated in the opening minutes as a burst of buying in financial stocks spread to other sectors, but all the major indexes were down more than 5 ...
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Consider risk when looking for bargain stocks (San Francisco Chronicle)
Shares of AIG, Fannie Mae and Freddie Mac are trading at a fraction of their former highs. Also, according to Yahoo, AIG is paying a 25 percent dividend yield. Should I buy these stocks? That is the most common question I've heard from readers in recent days....
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Aussie stocks tipped to open flat (The West Australian)
Australian stocks are expected to open flat tomorrow as Wall Street closed the week modestly lower following its horror session on Thursday. Commsec chief economist Craig James said at this moment in
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U.S. Stocks Tumble, Sending S&P 500 to Worst Drop Since 1933 (Bloomberg)
Oct. 11 (Bloomberg) -- U.S. stocks plunged, sending the Standard & Poor's 500 Index to its worst week in 75 years, on concern the credit crisis will spread from banks to consumer companies and energy producers, triggering a global recession.
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Stocks got slammed, but was it a 'crash'? (The Pantagraph)
Did stocks “crash”? Some news organizations and investors are hesitating to use the word to describe Wall Street’s terrifying sell-off.
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Stocks end rollercoaster session mixed; Dow has worst weekly drop ever (USA Today)
In another roller-coaster day on Wall Street, stocks continued their historic downward plunge as investors fled stocks to get out of the way of a bruising bear market that some traders are now describing as a crash.
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Fearful investors dump stocks, bonds for cash (Washington Post)
NEW YORK/LONDON (Reuters) - Stocks plunged in early Friday trading in line with markets in Europe and Asia but then recovered some ground, with investors looking to an imminent G7 finance ministers meeting in Washington, D.C. for a further policy response to the deepening global credit crisis.
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Stocks end wild session mixed after 8-day slide (AP via Yahoo! News)
Wall Street capped one of its worst weeks ever with a wild session Friday that saw the Dow Jones industrials rocket within a 1,000 point range before closing with a relatively mild loss and the Nasdaq composite index actually end with a modest advance. Investors were still agonizing over frozen credit markets, but seven days of massive losses made many stocks tempting for traders looking for ...
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Stocks got slammed, but was it a `crash'? (AP via Yahoo! News)
Did stocks "crash"?
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Fear's a slippery slope for stocks (USA Today)
The financial crisis is showing no signs of ending and could even be accelerating as unrelenting fears of a worldwide credit freeze have stocks in the grasp of one of the worst downdrafts in decades.
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