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10月17日 Vocabulary on Oct. 17, 2008The stockmarkets are the most visible: as they soar or swoon.
The money markets, however, are the plumbing of the system.
to be contiuned... 10月15日 Vocabulary on Oct. 14, 2008Profit-taking started creeping into the market.
Wall Street is expected to see jittery trading.
They're recovering from a plunge like the one Wall Street has suffered in the past two weeks.
Investors had snapped up stocks Monday in anticipation of the government's plan.
The nation's major banks have been slammed by souring mortgage investments.
Investors are hoping extraordinary steps by government officials will help resuscitate stagnant credit markets.
The revised bailout plan differs from the original in that it aims to recapitalize banks.
This begins to penetrate the core of the problem.
Investors have been trying to regain their footing after a gruesome week that obliterated about $2.4 trillion in shareholder wealth.
source from: Yahoo! Finance (http://biz.yahoo.com/ap/081014/wall_street.html)
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