DENVER COMPANIES - World stocks slide ahead of expected US selling - Boston Globe DENVER COMPANIES - World stocks slide ahead of expected US selling - Boston Globe

Friday, February 20, 2009

DENVER COMPANIES - World stocks slide ahead of expected US selling - Boston Globe

LONDON— World stock markets slid Friday as Wall Street was poised for another lower open amid renewed pessimism about the ability of governments to prevent the deepest global economic downturn in generations. Investors in Asia and Europe found few in New York Shares News

Each business day, TheStreet.com Ratings TheStreet.com Ratings compiles a list of the top five stocks in one of five categories -- fast-growth, all-around value, large-cap, mid-cap and small-cap -- based on data from the close of the previous trading in New York Shares News

NEW YORK, Feb 20 (Reuters) - U.S. stocks headed for a drop at Friday's opening that would extend a rout which has pulled the Dow Jones industrials to a fresh bear-market low, as worries about the fate of major banks escalated. Fears that the U.S in New York Shares News

Costs Rise: CPI rose 0.3% in Jan. Core up 0.2%. Friday Duldrums: International markets drift lower. Bear Market Blues: Dow poised to falter again after hitting six year low on Thursday. Autos Stalled Out: GM Unit Saab files for bankruptcy protection in New York Shares News

A recent accounting rule change should have been a major boon for financial stocks, but an expected rally on its promise has been thwarted by government initiatives that could actually prevent a market recovery, Wall Street observers argue in New York Shares News

LONDON -- Oil prices fell below $38 a barrel Friday as tumbling stocks and weak economic data reminded investors that crude demand is likely to soften further. Profit-taking also weighed on prices, which had spiked higher overnight on reports of much in New York Shares News

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