The Stock Market: The Stock Market Crash in the Stock Market

Treasury planning a program to attract private capital alongside public capital to financial institutions. NEW YORK (CNNMoney.com) — Treasury Secretary Henry Paulson said on Friday that the U.S. government was working on a plan to buy stock in financial institutions by using part of the $700 billion authorized by Congress to stabilize the financial system. [...]

The troubled automaker issues a statement saying that it is not considering bankruptcy, after its shares sank 31% in Thursday trading. NEW YORK (CNNMoney.com) — General Motors is not considering bankruptcy, the company said in a prepared statement Friday. The announcement was in response to the automaker’s precipitous stock price decline the previous day, a [...]

General Motors insisted yesterday that bankruptcy was not an option, despite facing what it described as “unprecedented challenges”. Fears have been growing that the biggest US carmakers, GM and Ford, are close to calamity as the crisis in the financial markets has bled into the real economy. Shares in the pair were back under pressure [...]

Markets to worsen before stocks hit rock bottom So, in these uncertain times, what to do about your stock portfolio? Some of us might be tempted by the bargains emerging in the incredible shrinking stock market. But we’re waiting to exhale. Since last fall, when the looming global credit crisis first began to command the [...]

With the credit crisis intensifying, the amount of cash removed from stock mutual funds spiked higher, investors pull money out of bond funds too. As the nation’s economic crisis deepened, investors pulled $43.3 billion from stock mutual funds, according to a report released Thursday.

TORONTO – The Toronto stock market turned negative half-way through the Monday session. The market had soared more than 350 points in the early going as investors reacted positively to the U.S. government’s takeover of mortgage giants Fannie Mae and Freddie Mac But financials pared early gains and the energy sector turned lower, taking the [...]

Sensex nose dives below 14,500, ends 415.27 pts down  Mumbai, Sep 5 (UNI) The Bombay Stock Exchange Sensex today nose dived even below 14,500, wiping off 415.27 points to close at 14,483.83 on sustained profit booking interest across the sector triggered by persisting weak global cues. The BSE benchmark index touched the day’s low of [...]

By Martin Crutsinger and Alan Zibel, AP Business Writers US Government seizes control of mortgage giants Fannie Mae and Freddie Mac WASHINGTON (AP) — The Bush administration’s seizure of troubled mortgage giants Fannie Mae and Freddie Mac is potentially a $200 billion bet that it will help reverse a prolonged housing and credit crisis. ADVERTISEMENT [...]