CQPolitics.com - Monday's stunning drop in the major stock indexes could bolster the case for moving the financial bailout package. But on Tuesday, stocks recovered some of their losses, as bargain hunters looked for good deals.
September 30th, 2008 | Posted in Market News | Comments Off
AP - With the holiday shopping season about to start, consumer confidence is hovering near the lowest it's been since President Bush's father was commander in chief. It may dip further as Americans open their 401(k) statements and see how much they've lost in the last few weeks.
September 30th, 2008 | Posted in Business | Comments Off
Reuters - The Nasdaq Stock Market said it will cancel some of the late trades in Google Inc , whose shares appeared to plunge as low as 1 cent at the close of North American markets on Tuesday.
September 30th, 2008 | Posted in Market News | Comments Off
Reuters - The Toronto Stock Exchange's main index jumped more than 4 percent on Tuesday, recouping more than half the previous day's heavy losses, as energy issues got a boost from crude oil's recovery, while hopes for a revived Wall Street rescue plan calmed investor nerves.
September 30th, 2008 | Posted in Market News | Comments Off
Reuters - U.S. lawmakers and President George W. Bush eased pressure on financial markets on Tuesday by starting work to revive a $700 billion bailout plan to stem a credit crisis that has spread beyond Wall Street to claim more European banks.
September 30th, 2008 | Posted in Business | Comments Off