Stocks Tumble amid Subprime Turmoil
Who said Summer is dead on Wall Street? Major U.S. stock indexes started August with another wild week, capped by an honest-to-goodness rout Friday. Once again, the main culprit behind the sell-off was investor fears over the subprime-loan mess, and the degree to which hobbled credit markets may hinder U.S. economic growth.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.