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US indexes plunge as Lehman losts almost 45%

U.S. stocks tumbled as a 45 percent drop in Lehman Brothers Holdings Inc. shook the banking industry, and oil’s plunge to a five-month low pushed energy companies down by the most in six years. [Read more]

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Stocks flat after the rally

Major stock indexes were flat as investors mulled whether the government’s bailout of Fannie Mae and Freddie Mac will affect the root of the mortgage crisis — falling home prices and increasing rates of foreclosures.

Just after the opening bell, the Dow Jones Industrial Average was up 0,33% at 11547. The Nasdaq Composite Index up 0.45% to 2279.25. The S&P 500 fell 0.19% to 1265. [Read more]

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US stocks en sharply high on bail out news

U.S. stocks ended sharply higher Monday after the government seized mortgage giants Fannie Mae and Freddie Mac to prevent trillions of dollars in mortgage-backed securities from defaulting and to bring down mortgage rates nationwide.

The Dow Jones Industrial Average gained 289 points, or 2.6%, to end at 11,510, with 29 of its 30 components advancing. The advance among blue chips was led by a 7.8% rise in Bank of America, one of several major banks in competition with Fannie Mae. The S&P 500 index gained 25 points, or 2%, to end at 1,267, while the Nasdaq Composite rose 13 points, or 0.6%, to 2,269.

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U.S stocks post steep declines for the week

U.S. stocks finished mostly higher Friday, but posted steep weekly losses, as the market digested a big jump in the unemployment rate in August, which confirmed this week’s bleak views on both the U.S. and the global economy. [Read more]

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Stocks finish green but still… Financials up 3%

U.S stocks recovered form the shock unemployment data created and finished the day green. Major indexes seesawed and finished mixed. [Read more]

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