December 31, 2008 7:13 PM ET
The blue-chip index suffers its worst annual loss since 1931 and third-worst loss ever. Jobless claims rise, but not as much as expected. Mortgage rates continue to decline. Dell is shaking up its leadership. Online holiday sales drop 3%. Plus: A look back at a very bad year for Wall Street. |
Is your money manager a crook?If the rich, famous and sophisticated can get bilked (and the Madoff scandal makes it clear they can), how can you know whom to trust? Here are 5 red flags. New Investor Center 10 stocks for a January bounceMany favored stocks have been beaten down lately as hedge funds sell off. They could rebound soon -- but even if they don't, these look good for the long term. Company Focus / Michael Brush
Financial news centerMore economic pain seen in 2009Investors said good riddance on Wednesday to one of the worst years on record and prayed that massive government rescue plans will pull the global economy out of its fierce tailspin later in the new year. 12/31/2008 4:06 AM
All times Eastern News providersVideo on MSN MoneyWhat do you get when you buy a share?Company stock seems like an abstract concept, but shares translate into real assets, revenue, growth and more. CAPS-Community Stock Ratings
Ratings as of 6:01 PM Eastern Time | advertisementMarket update
[BRIEFING.COM] The stock market finished 2008 on a positive note, gaining 1.4% this session, and 3.9% over the past two sessions. The advance comes amid light trading volume, though, suggesting a lack of conviction behind the...more... Sponsored by: advertisement |
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