(Reuters) - NEW YORK, Aug 3 - U.S. stocks slid sharply on
Friday after Bear Stearns said credit markets were in their
worst shape in two decades, while jobs data aroused further
concerns about weakness in the economy.
Bear Stearns Cos. stock fell 5.9 percent as
mortgage jitters drove a broad market sell-off with the three
major indexes falling more than 2 percent.
Read more at Reuters.com Bonds News
Friday after Bear Stearns said credit markets were in their
worst shape in two decades, while jobs data aroused further
concerns about weakness in the economy.
Bear Stearns Cos. stock fell 5.9 percent as
mortgage jitters drove a broad market sell-off with the three
major indexes falling more than 2 percent.
Read more at Reuters.com Bonds News
No comments:
Post a Comment