Dow Sinks Despite Rate Cuts; Banks Tumble in Late Trading (at The Wall Street Journal Online)

Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the bottom of any article or visit Dow Sinks Despite Rate Cuts; Banks Tumble in Late Trading Central banks around the world eased interest rates on Wednesday but failed to loosen fear's stranglehold on the stock market, which suffered a feverish round of selling to end a whipsaw trading session in the red. The Dow Jones Industrial Average traded in a 433-point range, alternately posting big gains and losses during the day. But it finished lower for a sixth straight time, down 189.01 points, off 2%, at 9258.10. The blue-chip measure has plummeted 14.7% during its recent skid. Financial stocks crumpled late in the session,... [read full story]                    

Add Comment
There are also 2,474 related articles
View all news articles about*:
*Newstin tag cloud displays all featured persons, associated organizations, related topics, regions and companies