Monday, November 26, 2007
Stocks tumble as financial woes outweigh holiday cheer
DJIA
12,743
-237.44
S&P
1,407
-33.48
NASDAQ
2,540
-55.61
10Yr
3.85%
-0.165
Stocks tumble as financial woes outweigh holiday cheer
NEW YORK
U.S. stocks fell sharply after a volatile session Monday, as credit
worries and continuing woes in the financial sector offset early upbeat
signs about holiday shopping.
David Weidner's Writing on the Wall: Citigroup must be broken up to
create value
NEW YORK
Nine years ago, Sandy Weill closed what was considered the deal of an
era: the merger of Citicorp and Travelers Group.
Capitol Report: Credit-rating agencies return to crosshairs
WASHINGTON
It's tough to be a credit-rating agency these days. And it may just get
tougher.
'Cyber Monday' online sales expected to hit record
SAN FRANCISCO
Following the biggest shopping day of the year, consumers are expected
to drop a record amount online on what has become known as "Cyber
Monday."
Holiday season off to solid start, but too early to call a win
NEW YORK
Defying concerns about gasoline prices and macroeconomics,
battle-hardened shoppers gave U.S. retailers some relief after initial
sales and traffic from the "Black Friday" weekend indicated a solid
start to their biggest selling season.
