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January 23, 2008

Wall Street: Quite A Ride.

AP: "Wall Street tumbles for a second day".

NEW YORK - Stocks extended their decline Wednesday, with investors uneasy after reports from big names like Apple Inc. and Motorola Inc. dashed any notion that the Federal Reserve's emergency rate cut could in short order patch up the economy. Bond prices rose but pulled back from their highs after stocks pared their steepest losses.

Posted by Holden Oliver (Kitzb├╝hel Desk) at January 23, 2008 11:59 PM

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