Economic Calendar

Tuesday, August 26, 2008

Closing Market Recap: Financial Worries Beat up Wall Street

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Closing Market Recap: Financial Worries Beat up Wall Street
26 Agustus 2008 3:55
(CEP News) - Credit concerns hammered away at stocks in Canada and the United States to start the week, with all 30 components on the Dow Jones industrial average lower on the session. Investors reacted by fleeing to the bond market, where long-term bonds rallied to their highest level since mid-April. The foreign exchange market traded in narrow ranges with UK markets closed for a holiday.


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