Stocks Retreat on Credit Fears

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LICKING COUNTY FAN
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Stocks Retreat on Credit Fears

Post by LICKING COUNTY FAN »

Wall Street plunged anew Friday after a near meltdown at Bear Stearns Cos. handed investors the unwelcome confirmation that the credit market's troubles are far from over. Word that the investment bank needed rescuing touched off a wave of selling that left each of the major indexes down more than 1.5 percent on the day; the Dow Jones industrial average fell nearly 200 points.

http://biz.yahoo.com/ap/080314/wall_street.html


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