Market drops on Citigroup downgrade
Stocks sank on Thursday after a confidence-shaking downgrade of Citigroup by a brokerage that put the No. 1 U.S. bank’s dividend in question and added to concern the mortgage crisis may claim more casualties.
November 1, 2007
Trading on Nagoya exchange suspended due to system error
_ The Nagoya Stock Exchange on Friday delayed the start of stock trading due to a system malfunction.
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Its customers are no longer panicking, but the online bank and brokerage still faces potential loan losses and a shaky stock market
