Friday, 25 July 2008 @ 00:52
IBD's Top 10 - Thursday (Investor's Business Daily)
Investor's Business Daily - 1 Disappointing existing-home sales data chilled stocks, especially builders and financials. The NYSE composite fell 2.5% and the Dow 2.4%, their worst drops since June 26. The S&P 500 skidded 2.3% and the Nasdaq 2%. Russia's Mechel led a rout in metals. But volume fell. The 10-year Treasury yield fell 13 ticks to 4.01%. More on B1, B2
Friday, 25 July 2008 @ 00:50
Home Sales Sink To New Low As Job Market Weakens (Investor's Business Daily)
Investor's Business Daily - Sales of existing homes fell more than expected in June to their lowest level in at least nine years, the National Association of Realtors said Thursday, as buyers showed little interest amid falling real estate prices and uncertainty about jobs and the economy.
Friday, 25 July 2008 @ 00:11
Stocks tumble after sales of existing homes fall (AP)
AP - Wall Street abruptly ended an earnings-driven rally and closed sharply lower Thursday after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled the market's recent optimism. The major indexes fell about 2 percent, including the Dow Jones industrial average, which lost more than 280 points.
Thursday, 24 July 2008 @ 23:44
Oil gains ground but natural gas continues slide (AP)
AP - Energy market investors managed to win back modest gains Thursday following oil's big drop a day earlier, but again drove natural gas prices sharply lower as a three-week sell-off of that fuel continued unabated.
Thursday, 24 July 2008 @ 22:51
Stocks tumble after sales of existing homes fall (AP)
AP - Wall Street abruptly ended an earnings-driven rally and closed sharply lower Thursday after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled the market's recent optimism. The major indexes fell about 2 percent, including the Dow Jones industrial average, which lost more than 275 points.
Thursday, 24 July 2008 @ 22:43
The slump persists: Home sales tumble across US (AP)
AP - Sales of existing homes tumbled more sharply than expected in June, pushing activity down to the lowest level in more than a decade.
Thursday, 24 July 2008 @ 22:34
Banks step up Fed borrowing, Wall Street passes (AP)
AP - Banks stepped up their borrowing over the past week from the Federal Reserve's emergency lending program, while Wall Street firms didn't draw such loans.
Thursday, 24 July 2008 @ 22:33
Wall Street tumbles, led by financials (Reuters)
Reuters - Stocks tumbled more than 2 percent on Thursday after a report showing yet another drop in U.S. home sales prompted investors to take profits in financial shares, which had rallied over the past week.
Thursday, 24 July 2008 @ 16:06
Existing home sales fall 2.6 percent (Reuters)
Reuters - The pace of existing home sales in the United States fell in June to a 4.86 million-unit annual rate, the National Association of Realtors said in a report on Thursday that saw the sales volume hit a 10-year low.