Wall Street set for opening slide on economic woe
U.S. stocks headed for a slide at the opening on Monday as concerns about the deepening world economic slump dented the appetite for risk and investors fretted about the start of what they fear will be a bleak holiday buying season.
Click here to read the rest of this article.
Add to:
del.cio.us,
Digg,
Yahoo!,
Google
Other articles in the Business news section
- FSA mulls wider short selling disclosure... 29 minutes ago
The financial regulator is considering forcing investors to disclose short positions in all stocks, not just banks and insurers, it said on Wednesday. ...more
- UBS and RBS confirm exposure to LyondellBasell... 38 minutes ago
European lenders Royal Bank of Scotland and UBS confirmed they had some exposure to chemicals company LyondellBasell , whose U.S. unit filed for bankruptcy, but declined to give details. ...more
- FTSE ends six-day winning streak 43 minutes ago
Blue-chip stocks fell 1.3 percent by midday on Wednesday, as investors booked profits after a six-day winning streak, with earnings worries weighing on oil major BP and mining and banking stocks pressured. ...more
- Dollar drops in European trade 43 minutes ago
The dollar fell Wednesday on profit-taking after gaining in Asian deals on optimism about US president-elect Barack Obama's economic stimulus plans, dealers said. ...more
- Barclays To Axe Hundreds Of Jobs 49 minutes ago
Barclays bank is to axe 400 jobs, the company has announced. ...more
- Barclays to cut 400 technology jobs 50 minutes ago
Barclays is to cut just over 400 jobs in its technology departments, it said on Wednesday. ...more