Real Time Economics (Free subscription) | 10/10/2008
Stocks could close lower today for the eight consecutive session, as a wide-ranging loss of confidence has taken hold of markets. Is it time stock markets to close for a few days and take a breather?
MarketBeat (Free subscription) | 10/10/2008
As sharp as that early decline was in stocks, it wasn’t enough to trigger the circuit breakers on the New York Stock Exchange that would have halted trading for a time . Not long after the opening of trading Friday, the Dow Jones Industrial Average was off by nearly 700 points amid a cascade of early selling . But that was still a bit more than 400 points away from the 1,100-point decline needed for...
Ideoblog (Free subscription) | 10/10/2008
Should we close the markets to give them time to cool off? No. 1. The markets don’t need to “cool off.” Although the wise heads (the same ones who gave us the underlying conditions) are calling this an unreasoning panic,...
