Wall Street sinks as credit fears rise (Reuters)

By Pete Southern in Uncategorized | November 8, 2007 9:00 |

Wall Street sinks as credit fears rise (Reuters)

The floor of the New York Stock Exchange is seen through a zoom affect in New York November 1, 2007. Stocks tumbled on Wednesday. (Shannon Stapleton/Reuters)Reuters – Stocks tumbled on Wednesday as a probe of the home loan industry by New York’s attorney general drew in the country’s biggest mortgage finance companies and Washington Mutual Inc warned the housing downturn would extend well into next year.



Source: news.yahoo.com

Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



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