Stock Markets News
Jobs data and tech stocks send Wall Street lower
(Reuters)
Reuters - Stocks slid on Wednesday after a report showing a larger-than-expected drop in private-sector jobs and a revenue warning from top chip maker Intel Corp added to signs that the recession is deepening.
Stocks fall on fresh evidence of economic woes
(AP)
AP - Bleak profit forecasts from several major companies coupled with fresh evidence of escalating employment woes sent stocks sharply lower Wednesday, pushing major indexes down about 2 percent, including a 175-point tumble in the Dow Jones industrials.
London stocks sharply down
(AFP)
AFP - FTSE 100 stocks ended sharply lower on Wednesday in the wake of gloomy US jobs data.
FTSE-100 index down 131.41 points at 4,507.51
(AP)
AP - Share prices on the London Stock Exchange were lower Wednesday.
World markets hit by US unemployment fears
(AP)
AP - U.S. and European stock markets fell sharply Wednesday amid fresh worries about the U.S. labor market following a grim jobs survey and the announcement aluminum producer Alcoa will slash jobs.
Recession worries send stocks sliding
A handful of bleak profit forecasts and more evidence of escalating unemployment unnerved investors Wednesday, sending stocks down sharply.
CBO sees record $1.2 trillion '09 deficit
The U.S. federal budget deficit will hit an unparalleled $1.2 trillion for the 2009 budget year, according to grim new Congressional Budget Office figures.
Is this stock market rally for real?
With the stock market up 25 percent from November lows, a lot of individual investors are asking: Is this rally for real?
Despite actions, Fed sees downturn lasting
Federal Reserve officials feared the economy would be stuck in a painful rut for some time despite their decision to slash interest rates to a record low.
That cheap gasoline? Don’t get used to it
All that money you're saving these days at the gas pump? You might want to put it in the bank.