US stocks end wild session mixed after 8-day slide


  • Business
  • Saturday, 11 Oct 2008

NEW YORK: Wall Street capped one of its worst weeks ever with a wild session Friday that saw the Dow Jones industrials rocket within a 1,000 point range before closing with a relatively mild loss and the Nasdaq composite index actually end with a modest advance.

Investors were still agonizing over frozen credit markets, but seven days of massive losses made many stocks tempting for traders looking for bargains.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Asian shares jump on tech boost; fragile yen on intervention watch
The business of immersion
MPOB intensifying oil palm industry R&D strategies, says chairman
Hong Kong bourse operator's Q1 profit down 13% on weaker listings, trading
FBM KLCI hits fresh two-year high as rally continues
Tony Fernandes signs 5-year extension as Capital A CEO
Australia Q1 inflation slowdown disappoints, rate cut bets gone
Ringgit rebounds on softer US$ after PMI data
Positive earnings outlook for Axis REIT
FBM KLCI remains in bullish mode on US corporate results beat

Others Also Read