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

The S&P 500 triggered a scary technical signal — a head and shoulders pattern in the chart — leaving investors to wonder if it’s the sign of more selling to come — or just a head fake. The so-called head and shoulders pattern is formed when the chart pattern shows three rallies, with the middle [...]

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 [...]