SubscribeAll Posts Tagged With: "trade triangle"
Stocks Fall Sharply On Troubling News From The Financial Sector – U.S. Commentary
(RTTNews) – Stocks have moved sharply lower over the course of morning trading on Thursday, as investors react negatively to some mixed economic news and disappointing corporate news. The losses extend a recent downward move by the markets, with the Dow moving lower for the seventh consecutive session.
On the economic front, a report from the Labor Department showed that initial jobless claims rose to 524,000 in the week ended January 10th from the previous week’s revised figure of 470,000. The increases exceeded the estimate of economists, who had expected claims to rise to 501,000.
At the same time, the…
15Jan2009 | INO | Comments Off | Continued
Loading ...
