Friday, August 10, 2007

U.S. stocks recover some ground after global sell-off (International Herald Tribune)

U.S. stocks rebounded in midday trading Friday, but the markets remained highly volatile as Wall Street contended with widening fears of losses in the U.S. housing loan market. Earlier Friday, stocks in Japan, Hong Kong and Australia dropped by more than 2.5 percent. The benchmark Kospi in South Korea fell 4.27 percent, the biggest decline since June 2004. Most major European indexes plunged by 3 ...

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[Source: Yahoo! News Search Results for housing loan]

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