Tuesday, January 15, 2008

Market ends down 2 pct on recession worries (Reuters)



Trader James Lilly, Jr. watches the numbers as he works on the floor of the New York Stock Exchange, Tuesday Jan. 15, 2008. Stocks skidded Tuesday after weak economic news and a disappointing quarterly report from Citigroup Inc. signaled that Wall Street's worries about the economy are likely to continue unassuaged. (AP Photo/Richard Drew)Reuters - All three major U.S. stock indexes
ended down more than 2 percent on Tuesday after a record
quarterly loss at top U.S. bank Citigroup Inc. and a
surprise drop in December retail sales fueled recession fears.




No comments: