October 2008

Japan's Nikkei stock index closes down 5 percent (AP)

Passers-by look at  an electronic stock  board in downtown  Tokyo Friday, Oct.  31, 2008. Japan's  benchmark stock index  closed down 5  percent Friday with  investors dumping stocks  after the central  bank's smaller-than-expected cut  in its key  interest rate. The  Nikkei 225 index  lost 452.78 points  to close at  8,576.98 points. (AP  Photo/Koji Sasahara)AP – Japan’s benchmark stock index closed down 5 percent Friday as investors shrugged off an interest rate cut by the central bank and instead unloaded shares for quick profits ahead of a long weekend.

U.S. stock market
business news
economic stimulus package
stock market for beginners

Comments Off

Permalink

Japan's Nikkei stock index closes down 5 percent (AP)

Passers-by look at  an electronic stock  board in downtown  Tokyo Friday, Oct.  31, 2008. Japan's  benchmark stock index  closed down 5  percent Friday with  investors dumping stocks  after the central  bank's smaller-than-expected cut  in its key  interest rate. The  Nikkei 225 index  lost 452.78 points  to close at  8,576.98 points. (AP  Photo/Koji Sasahara)AP – Japan’s benchmark stock index closed down 5 percent Friday as investors shrugged off an interest rate cut by the central bank and instead unloaded shares for quick profits ahead of a long weekend.

U.S. stock market
business news
economic stimulus package
stock market for beginners

Comments Off

Permalink

Stocks advance to add to week's large gains (AP)

Traders work on  the floor of  New York Stock  Exchange Thursday, Oct.  30, 2008. (AP  Photo/Richard Drew)AP – The stock market closed out a horrendous October, its worst month in 21 years, with a big advance Friday as more investors took chances on stocks turned into bargains by waves of intense selling. The session’s advance — which gave the market its first back-to-back gains in more than a month — fed hopes that Wall Street has indeed found a bottom.

U.S. stock market
business news
economic stimulus package
stock market for beginners

Comments Off

Permalink

Election and jobs to set tone for stocks (Reuters)

Traders work  on the floor  of the New  York Stock Exchange,  October 30, 2008.  (Brendan McDermid/Reuters)Reuters – Wall Street hopes to turn a new page as it heads into November, but next week is littered with hurdles ranging from the U.S. presidential election to a likely gloomy jobs report.

U.S. stock market
business news
economic stimulus package
stock market for beginners

Comments Off

Permalink

Ugly October ends with an upbeat day on Wall St (Reuters)

Traders work  on the floor  of the New  York Stock Exchange,  October 30, 2008.  (Brendan McDermid/Reuters)Reuters – U.S. stocks ended one of their worst months on record, but signs of further thawing in credit markets lifted battered shares on Friday.

U.S. stock market
business news
economic stimulus package
stock market for beginners

Comments Off

Permalink

Indian stock index surges 8.22 percent (AP)

AP – India’s benchmark Sensex index surged 8.22 percent Friday as traders caught up with Thursday’s sharp rally in global markets.

U.S. stock market
business news
economic stimulus package
stock market for beginners

Comments Off

Permalink

Biotech IPOs dying on the vine (Reuters)

Reuters – While the market for initial public offerings has shut down in all industries, with no deals in the United States in nearly three months, biotechnology companies desperate for capital will likely be waiting in line far longer than others when it does re-open.

U.S. stock market
business news
economic stimulus package
stock market for beginners

Comments Off

Permalink