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High anxiety around oil, mortgages and banks
Summary from United States, from articles in English
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At the close, the 30-company composite index was down 44.01 points or 1.8 percent at 2,413.26, reversing Monday's gain of 0.8 percent. (article 4)
" The increased volatility on Wall Street, with the Dow slipping below the 11,000 mark last night before closing back above that level, made investors more nervous said Rommel Macapagal (article 4)
None of the troubles that have rocked the market over the past year have let up yet: not the housing market, not high commodities costs, not the ailing financial system. (article 1)
Many on Wall Street are worried that the effects of the country's current problems could end up being just as devastating, or more so, for stocks. (article 1)
The blue-chip index ended the week down 1.67 percent; the Standard & Poor's 500 index fell 0.28 percent; and the Nasdaq composite index fell 1.85 percent. (article 1)
For investors, stocks look like bad karma: Wall Street again starts a week with oil prices at their highest levels yet, and banks poised to reveal that they remain on shaky footing. (article 2)
The two companies' stocks are now at their lowest levels in 16 years, down 80 percent from just a year ago. (article 3)
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Other stories about Freddie, Fannie and mortgage:
Event tracking:
Story keywords
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Freddie, Fannie, mortgage, companies, Mac |
Source articles
- Wall Street's woes escalate ahead of earnings wave (Washington Post, 07/14/2008, 613 words)
- High anxiety around oil, mortgages and banks (L.A. Times, 07/14/2008, 624 words)
- The Dow tumbles to end a volatile week :: CHICAGO SUN-TIMES :: Business (suntimes.com, 07/12/2008, 459 words)
(msnbc.msn.com, 07/15/2008, 370 words)
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blaster@cs.columbia.edu
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