GM, banks’ fate to keep investors on edge (Reuters)

Posted by admin on March 8, 2009 under News | Read the First Comment

GM, banks’ fate to keep investors on edge (Reuters)

In this March 2, 2009 file photo, a specialist works at his post on the floor of the New York Stock Exchange. Many analysts generally think the market has endured the worst of the bear market. But given that stock-price declines so far have been far worse than all but the gloomiest Wall Street gurus had expected, most aren't willing to say how much further stocks might fall. (AP Photo/Richard Drew, File)Reuters – With stocks mired in multi-year lows and the fate of General Motors and banks hanging in the balance, investors are unlikely to curb their flight from risk next week, putting Wall Street on track for another brutal sell-off.


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