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Stocks decline on unemployment factory reports Austin American Statesman
NEW YORK — Pessimism about a protracted economic downturn washed over the financial markets Thursday, sending stocks plunging and further tightening the credit markets. Reports on declining factory orders and a seven-year high in jobless claims stoked fears that the government's financial rescue plan won't ward off a recession, and the Dow Jones industrials skidded nearly 350 points.
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Yahoo: World: Stocks decline on unemployment factory reports Austin American Statesman
Date Listed : Monday, October 06, 2008
Source : Yahoo World, Yahoo! News: World News
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