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.



Most Popular Content

Currency Articles - Nov 3, 2024 13:35 - 0 Comments

Pressure Mounts on the British Pound Following Autumn Budget

More In Currency Articles


Gold and Oil News - May 5, 2025 13:10 - 0 Comments

Crude Oil Prices Keep Sliding as Opec Floods Market

More In Gold and Oil News


LiveWire Economics Blog, Shares and Markets - Jun 11, 2025 21:37 - 0 Comments

Dow Jones and US Stocks Take a Breather as Inflation Cools and Trade Talks Reignite

More In Shares and Markets