Friday, October 17, 2008
U.S. stock indexes down for day but up for the week
U.S. stock indexes down for day but up for the week
U.S. stocks erase late gains as profit-takers step in ahead of the
close, with the major indexes ending with daily losses but up on the
week, capping a volatile streak involving wild swings in either
direction amid signs of a possible thaw in the credit markets.
MarketWatch First Take: OPEC left to its own devices as hedge funds
flee
The Organization of Petroleum Exporting Nations has called an emergency
meeting for Oct. 24 aimed at halting a precipitous drop in crude-oil
prices. This time, they won't have much help from the hedge funds.
MarketWatch First Take: Hedge funds represent big threat to market
recovery
As a growing number of hedge funds struggle with volatile markets, the
industry is hoping Washington will open up the bailout spigot for
cash-strapped funds to help them avoid collapse and panic selli
The Stockpickers: Fund manager finds value in products consumers won't
give up
SAN FRANCISCO
The stock market's wild waves are causing seasickness for many
investors, but some see current conditions as an opportune time to dive
in -- as long as you've taken your Dramamine in the form of careful,
daily research.
Earnings Outlook: Yahoo to post results in contentious atmosphere
Yahoo is expected to report fiscal third-quarter financial results next
week with analysts and investors questioning its ability to weather the
financial downturn without cutbacks.
