Archive for August, 2008
« Previous EntriesStaying sane in wild markets
Sunday, August 31st, 2008It’s ugly out there. As of late July, Standard & Poor’s 500-stock index was down almost 13% for the preceding 12 months. With the housing market on the skids and energy prices soaring, the economy seems more vulnerable than it has in decades. At times like these, you may be sorely tempted to flee stocks before your 401(k) gets any droopier.
Staying sane in wild markets
Sunday, August 31st, 2008It’s ugly out there. As of late July, Standard & Poor’s 500-stock index was down almost 13% for the preceding 12 months. With the housing market on the skids and energy prices soaring, the economy seems more vulnerable than it has in decades. At times like these, you may be sorely tempted to flee stocks before your 401(k) gets any droopier.
Dresdner Bank sold to Commerzbank for $14.4B
Sunday, August 31st, 2008Read full story for latest details.
Gustav sends oil higher
Sunday, August 31st, 2008In a special Sunday afternoon trading session, oil prices spiked more than $3 before pulling back as the world oil market signaled its preliminary response to the looming threat of Hurricane Gustav.
Wall Street looks for economic clues
Sunday, August 31st, 2008Read full story for latest details.