Credit Card and Financial News

An up-to-date look at the Financial World

28 Oct

Wall St extends losses as rally falters (Reuters)

Posted in business on 28.10.09

US flags hang outside the New York Stock Exchange. A plan to address systemic risk in the financial sector will wind down failing institutions and end Reuters – U.S. stocks extended their losses on Wednesday, sending the S&P 500 and the Nasdaq down more than 1 percent, as investors fretted about a lack of fresh incentives to sustain the stock market’s seven-month run-up.


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