Hong Kong
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Sunday, 12 October 2008
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| View All Articles About 'Stocks' |
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| 11. |
Stocks tumble as bailout plan fails in House
Wall Street's worst fears came to pass Monday, when the government's financial rescue plan failed in Congress and stocks plunged precipitously — hurtling the Dow Jones industrials down nearly 7 percent. The almost 780-point decline was the largest one-day point drop ever for the index.
30 Sep 2008 |
| 12. |
Asian stocks plunge after rejection of bailout
The historic carnage on Wall Street reverberated across Asia Tuesday, with stock markets in the region plunging after U.S. lawmakers rejected a US$700 billion bank rescue plan aimed at stabilizing the U.S. financial system.
30 Sep 2008 |
| 13. |
Bailout Fails, Stocks Plunge
After a series of impassioned speeches on the House floor, the Bush Administration's $700 billion bailout bill was rejected by the House early Monday afternoon.
30 Sep 2008 |
| 14. |
Stocks mixed on bailout clash; tech slides
Financial markets remained on edge Friday after the Bush administration's proposal for a $700 billion banking bailout ran into opposition from Republican lawmakers. Stocks ended mixed, with big financial companies lifting the Dow Jones industrials more than 120 points, but worries about smaller banks and parts of the technology sector taking much of the market lower.
27 Sep 2008 |
| 15. |
Stocks rise on bailout hopes; credit remains tight
Financial markets grew more upbeat Thursday as political leaders said they struck an agreement in principle on a massive spending plan to revive the crippled financial system. The Dow Jones industrial average jumped about 200 points on optimism about the bailout, and demand for safe-haven assets remained high but eased slightly as some investors placed bets that a deal would help unclog credit markets.
26 Sep 2008 |
| 16. |
US stocks extend fall as Street weighs bailout plan
Financial markets extended their declines Tuesday as investors worried that lawmakers were beginning to doubt the necessity of a broad government bailout for financial institutions as a way to revive ailing credit markets.
24 Sep 2008 |
| 17. |
Stocks head for lower open after bank bailout plan
Wall Street headed to a lower start while the Treasury market calmed only slightly Monday as investors cautiously awaited further news about the government's plan to buy $700 billion in banks' mortgage debt.
22 Sep 2008 |
| 18. |
Asia stocks extend gains on proposed US bailout
Asian markets extended gains Monday after the U.S. government proposed a $700 billion plan to solve the world financial crisis by rescuing banks from billions of dollars in risky mortgage debt.
22 Sep 2008 |
| 19. |
Stocks soar as officials confirm gov't rescue plan
Wall Street extended a huge rally Friday as investors stormed back into the market, relieved that the government plans to rescue banks from billions of dollars in bad debt. The Dow Jones industrials rose nearly 360 points, giving them a massive gain of more than 770 points over two days, and Treasurys fell as money flowed into equities.
19 Sep 2008 |
| 20. |
SEC bans short-selling of 799 financial stocks
Federal securities regulators, in an effort to boost investor confidence in the face of a market crisis, took the dramatic step Friday of temporarily banning the trading practice of betting against financial stocks.
19 Sep 2008 |
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