12
Nov
Stocks skid on news gov’t won’t buy banks’ assets (AP)
Filed Under (Personal Finance) by on 12-11-2008
AP - A disheartened Wall Street has suffered its third straight loss, as investors absorbed more dismal corporate reports and news that the government won't buy banks' soured mortgage assets after all. The Dow Jones industrial fell about 410 points to the 8,283 level, and all the major indexes fell more than 4 percent.
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