Stock Exchange

Thursday, June 26, 2008

Stocks tumble as more bad economic news piles up - Forbes

Stocks tumble as more bad economic news piles up - Forbes
A barrage of bad news including a new record high for oil sent Wall Street plunging Thursday, hurtling the Dow Jones industrials down nearly 360 points to their lowest level in nearly two years. Oil's surge past $140 a barrel was just one of the day
Source: www.forbes.com

Mexico stocks fall on U.S. worries; bonds rally - Reuters
MEXICO CITY, June 26 (Reuters) - Mexican stocks fell sharply on Thursday as warnings about U.S. banks and auto makers raised fears about the health of the American economy, while bonds rose as investors saw inflation slowing later in the year. The
Source: www.reuters.com

Stocks Wilt As Goldman Plays Grim Reaper - Forbes
Goldman Sachs was at the heart of a maelstrom on Wall Street Thursday, leading stocks to sharp losses in afternoon trading as it downgraded several big-name companies and suffered a lowered rating of its own. Major stock indexes were down 2.5% or
Source: www.forbes.com

U.S. Stocks Tumble on Earnings Concern; GM, Citigroup Retreat - Bloomberg
June 26 (Bloomberg) -- U.S. stocks tumbled, sending shares of General Motors Corp. , Citigroup Inc. and Lear Corp . to the lowest levels in more than nine years, as credit-market writedowns, record oil prices and a slowing economy threatened to
Source: www.bloomberg.com

Dollar falls broadly on Fed outlook, stocks' slide - Reuters
NEW YORK (Reuters) - The dollar fell broadly on Thursday, nearing a three-week low against the euro, after the Federal Reserve held interest rates at 2 percent, dashing expectations of an imminent rate hike. While the Fed said inflation risks had
Source: www.reuters.com

Hawaii stocks fall as oil prices rise - MSN MoneyCentral
Bank of Hawaii Corp ( BOH ) Stock Quote , Chart , News , Add to Watchlist Hawaii stocks plunged Thursday following the bad news of a surge in oil prices and troubles in key financial, automotive and high-tech industries. In light trading, Hoku
Source: news.moneycentral.msn.com

Sector Snap: Handset stocks fall after RIM report - Forbes
The handset sector traded lower Thursday, led by Research In Motion Ltd., whose shares sank after the BlackBerry maker reported a fiscal first-quarter profit below analysts' estimates and gave lower-than-anticipated guidance. Shares of Waterloo
Source: www.forbes.com

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