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Focus on AIG After Lehman Brothers Inc Collapse on Wall Street
Region: New YorkThe trading session on September 16, 2008 was again choppy. The charts suggest that there is some buying force coming from investors betting on a short term technical rebound after the previous day of free fall triggered b... more
Views: 906 Rating:
US Government to rescue AIG
Region: New YorkThe US Government had announced that it will set a $85 billion dollars plan to save the troubled world's number one Insurance giant, American International Group, AIG. This news had gives investors not only in US, but all... more
Views: 650Another volatile trading session over at Wall Street on 12 September 2008
Region: New YorkIt was another volatile trading session on 12 September 2008 over at Wall Street. Dow Jones Industrial Average Index, DJI opened in the reds but managed to pull back to the recovery zone slightly in green. A midday V-For... more
Views: 452The sharp decline in oil sparked market to rise
Region: New York"The factor in the market is that oil prices went down to $118 a barrel. Oil has been overwhelmingly the major single factor driving markets since late June. I think that is a completely sufficient explanation," said Br... more
Views: 333Oil surged but Wall Street Soar for the second consecutive session
Region: New YorkInvestor did not take the sharp crude oil price jump seriously as financial stocks turned higher during the last hour to settle at 186.13 or 1.63 percent on 30 July 2008. As financial stocks had by and larged hit their a... more
Views: 346Markets in Asia down following US overnight losses
Region: SingaporeAsian markets are broadly down on 25 July 2008 trading day. Attributed by the overnight losses of Dow Jones Industrial Index fell 252.08 or 2.17 percent on Thursday, Nikkei, the market index for Japan reacted by closing at... more
Views: 513