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Frenzied Financials Week 8

Current Events, Finance

1. GM Oct. sales fall nearly half; Ford drops 30 pct
2. Manufacturing crashes to 26-year low in October
3. Dow up 305 on Tues
4. Dow down 486 on Wed
5. Longer-term jobless benefits hit 25-year high
6. European Central Bank lowers interest rate .5 points to 3.25%
7. Bank of England lowers interest rate 1.5 points to 3%
8. Dow down 443 on Thu
9. Unemployment climbs to 6.5%
10. GM, Ford losses worse than expected, burning cash
11. Dow up 248 on Fri

Posted: 2008-11-09 20:01:09


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