Your Web Site
Global markets sell off on credit, recession fears * Volatility index hits another record high * Morgan Stanley, Goldman Sachs drop on rating threat * Energy shares track oil prices sharply lower * Dow down 1.5 pct; S&P 500 down 1.2 pct, Nasdaq up 0.3 pct (Updates to close) By Kristina Cooke NEW YORK, Oct 10 (Reuters) - The Dow and the S&P 500 dropped for an eighth session on Friday, as a dramatic late-day comeback stalled out to cap the worst week ever for the S&P amid more anxiety about the condition of credit markets and the threat of a global recession. Even in a market whose recent hallmark has been volatility,... [read full story]
