Wednesday, 16 September 2009
Tuesday, 8 September 2009
Sunday, 15 February 2009
TUESDAY: WILLY'S DAILY MARKET RECAP
Stocks tumble after gov't unveils financial plan
Tim Paradis, AP Business Writer
Wall Street plunges as government unveils latest plan to support banking system; Dow falls 382
NEW YORK (AP) -- Investors are frustrated with the government's latest bank bailout plan -- and showing it by unloading stocks.
The major stock indexes fell more than 4 percent Tuesday, including the Dow Jones industrial average, which tumbled 382 points. Financial stocks led the market lower, a sign of how concerned Wall Street is about the government's ability to restore the health of the banking industry.
AP
Senate passes stimulus; Treasury unveils bank help
Tom Raum, Associated Press Writer
Senate approves $838 billion stimulus; Congress, administration in $3 trillion revival effort
WASHINGTON (AP) -- The Senate approved President Barack Obama's giant economic stimulus measure on Tuesday, part of a string of powerful government steps that could marshal close to $3 trillion in taxpayer and private money to revive the collapsing national economy.
The 61-37 vote by the Senate was a key victory for the president but sets up difficult negotiations with the House, which passed a slightly different version than the $838 billion bill approved Tuesday.
CNBC
Five Reasons the Markets Don't Like the Bank Bailout
Jennifer Loven, AP White House Correspondent
Wall Street's message to the Obama administration was clear Tuesday, even if the plan to save the banking industry wasn't. Unhappy with a lack of clarity in Treasury Secretary Timothy Geithner's new financial rescue plan, investors launched a massive stock sell off, raising further questions about when confidence would be restored to the market.
Source Yahoo Finance
Tim Paradis, AP Business Writer
Wall Street plunges as government unveils latest plan to support banking system; Dow falls 382
NEW YORK (AP) -- Investors are frustrated with the government's latest bank bailout plan -- and showing it by unloading stocks.
The major stock indexes fell more than 4 percent Tuesday, including the Dow Jones industrial average, which tumbled 382 points. Financial stocks led the market lower, a sign of how concerned Wall Street is about the government's ability to restore the health of the banking industry.
AP
Senate passes stimulus; Treasury unveils bank help
Tom Raum, Associated Press Writer
Senate approves $838 billion stimulus; Congress, administration in $3 trillion revival effort
WASHINGTON (AP) -- The Senate approved President Barack Obama's giant economic stimulus measure on Tuesday, part of a string of powerful government steps that could marshal close to $3 trillion in taxpayer and private money to revive the collapsing national economy.
The 61-37 vote by the Senate was a key victory for the president but sets up difficult negotiations with the House, which passed a slightly different version than the $838 billion bill approved Tuesday.
CNBC
Five Reasons the Markets Don't Like the Bank Bailout
Jennifer Loven, AP White House Correspondent
Wall Street's message to the Obama administration was clear Tuesday, even if the plan to save the banking industry wasn't. Unhappy with a lack of clarity in Treasury Secretary Timothy Geithner's new financial rescue plan, investors launched a massive stock sell off, raising further questions about when confidence would be restored to the market.
Source Yahoo Finance
Subscribe to:
Posts (Atom)
