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Tech Stocks Quiver for a Second Trading Day
All was not gloomy in tech land as Wall Street opened down and then rebounded mid-morning to peek into positive territory. Most tech bellweathers were still trading mainly to the downside for a second straight day, following a broad selloff which sent the Dow down by more than 500 points. But there were bright spots: Yahoo, Amazon, eBay and Google ....
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Dow Plunges Despite AIG Rescue
The Dow tumbled nearly 450 points despite the Fed s attempt to calm nerves by rescuing AIG with a staggering $85 billion loan. Anthony Mason reports.
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Kraft to Replace A.I.G. in Dow Average
Dow Jones Company said Thursday that Kraft Foods would replace the American International Group in the Dow Jones Industrial Average when trading begins Monday.
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Collapsed Confidence
The financial crisis continues to deepen as banks are reluctant to even loan money to each other. As Anthony Mason reports, the Dow soared on reports of a Treasury Department resolution trust.
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