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

John D. McKinnon reports on the financial crisis from Washington. President Bush’s Rose Garden appearance Saturday morning was meant to provide a reassuring picture of stability — the world’s most powerful leader, standing alongside finance ministers of the seven old-line industrial powers, their flags flapping proudly in the autumn breeze. But as recent financial shocks [...]

WASHINGTON — President Bush and the world’s financial leaders staged repeated displays of unity Saturday to combat an unfolding credit crisis, hoping to calm investors whose panic has spread despite bold and accelerating government action. While there were no concrete offers of new moves made on Saturday, Mr. Bush pledged anew that his administration was [...]

US stock markets have suffered their worst week on record following another torrid day of trading despite growing hopes that the government could step in to guarantee bank deposits and lending between financial institutions. The Dow Jones fell 456.3 to 8122.2 leading to a 21pc fall over the week after the index on Thursday suffered [...]

US stock markets have suffered their worst week on record following another torrid day of trading despite growing hopes that the government could step in to guarantee bank deposits and lending between financial institutions.

The Dow Jones Industrial Average capped the worst week in its 112-year history with its most volatile day ever, as hopes for a major international bank-rescue plan were overwhelmed at day’s end by another wave of selling. Some investors who normally would be jumping to buy beaten-down stocks after a 22% drop over eight trading [...]

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 [...]

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 [...]

Stock Markets fall on fears about world crisis – expectations mount for response. Global fears about the financial crisis deepened on Friday as stock markets the world over fell sharply and government officials scrambled to contain the damage during this stock market crash. Expectations for a coordinated response grew while the world’s finance ministers and [...]

Emergency rate cut: ‘This better work’ in stock market. Will the rate cuts by global central banks eventually calm the markets down? Investors around the world have been crying loudly for the past few days. On Wednesday morning, global central banks finally gave in. But will the coordinated interest rate cuts by global central banks [...]