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Weak Economic Data Contributing To Substantial Weakness On Wall Street


[ RTTNews ]   20/11/08 , 21:28   / 3 reads
 


With disappointing economic data adding to recent concerns about the outlook for the U.S. economy, stocks are seeing substantial weakness in morning trading on Thursday. The major averages are extending the steep downward move that was seen in the previous session. At its low for the session, the Dow as down more than 200 points, at its worst intraday level in well over five years.

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21/11 01:56 Treasuries See Substantial Strength On Weak Economic Data
With traders flocking to the relative safety of government-back bonds on the heels of the release of some troubling economic data, treasuries saw substantial strength during trading on Thursday, extending a recent upward move. The benchmark ten-year note hovered near its best level of the day going ... / RTTNews