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January 16, 2008

U.S. stocks end at lowest levels so far for 2008

U.S. stocks on Tuesday afternoon plunged to session lows after dismal December retail sales heightened anxieties about the economy and raised questions about the Federal Reserve’s ability to stem the damage.

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Calm in a tempest

Coffee in hand, Robert Tipp wanders the floor of Prudential Financial's fixed-income trading desk with the casual air of someone taking a stroll on a sunny spring day.

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Breaking News - CourierPostOnline

Breaking News LONDON --- Stocks sank in Europe today after a series of rush-hour explosions in London's subway system and aboard a double-decker bus. Insurance and travel-related stocks in particular declined sharply, and the British pound fell to a 19-month low against the dollar. Click here for more info

THE MOTLEY FOOL

ASK THE FOOL Taking stock Q: When I purchase a share of stock in a company, what am I buying? I see that the company gets its money when the stock is issued, but after that, what does the company get out of it when I buy a share on the open market? -BYTAG- B.F.,

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