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Last Updated : 21 NOV 02:38 (GMT) |
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SUMMARY:Fear returned to markets in a big way yesterday, with the S&P 500 breaking through a key support level, which sent stocks hurtling lower across the board by as much as 9%. Oil also continued to fall and dipped below $50 a barrel. Economic data out of the U.S. today was downbeat, with jobless claims soaring to new cyclical high... |
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Last Updated : 20 NOV 03:47 (GMT) |
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SUMMARY: Although no concrete stimulus measures were drawn up at the emergency G20 meeting in Washington this past weekend, world leaders agreed they must work together to plug the holes in current financial regulatory systems that are the root of the current economic meltdown. The statement released following the meeting said more transp... |
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