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Stocks gain modestly despite Fannie, Freddie woes

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Wall Street pulls back as financials fall (AP)

trader-journal.com
Aug 18, 2008
        

Wall Street retreated Monday after Fannie Mae and Freddie Mac fell to their lowest levels in nearly 20 years on concerns that the government might need to bail out the mortgage financiers. More: continued here Tag: articles,...

                   

US stocks down sharply as financials fall

tmcnet.com
Aug 18, 2008
        

NEW YORK_Wall Street pulled back sharply Monday following more reports that the financial sector remains under stress. The Dow Jones industrial average fell nearly 120 points, or about 1 percent. The Wall Street Journal...