December 2, 2008
Stock trading seen mirroring sharp plunge in Wall Street
Although market sentiment remains positive in the short term given the strong corporate performances as of the third quarter of last year, local stocks are expected to mirror the over 200-point loss in the Dow Jones industrial average last Friday at New York stocks tumbled to the biggest daily plunge in almost three years.
China stocks tumble, again testing chart support
SHANGHAI, March 10 - Chinese stocks dropped more than 2 percent on Monday because of fears of a U.S. recession following worse-than-expected U.S. employment data.
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.
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