stock market crash

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Trump's New Line of Attack on Harris: the Stock Market

'Kamala Crash' slogan is seen as both superficial and potentially effective

(Newser) - Donald Trump and his campaign didn't waste time in coming up with a term for Monday's market sell-off —the "Kamala Crash." Trump sought to blame VP Kamala Harris for the rough economic day in a series of social media posts using that phrase, and he...

Baby Jessica's Trust Fund Lost in Stock Market Crash

People gave $1.2M after the 18-month-old spent 60 hours stuck in a well

(Newser) - Two decades after she grabbed America's attention by falling into a dark pit, "Baby Jessica" watched the stock market do the same thing. In an exclusive interview with People , 30-year-old Jessica McClure Morales says she lost most of her $1.2 million trust fund when the market crashed...

Why a Market Crash Might Not Be Far Away

Henry Blodget sees stocks '40% overvalued'

(Newser) - The stock market may be looking healthy lately, but don't be deceived, writes Henry Blodget at Business Insider : We could be en route to another crash. "Every valid valuation measure I look at suggests that stocks are at least 40% overvalued and, therefore, are likely to produce lousy...

Battered Dow Ends Down 635
 Battered 
 Dow Ends 
 Down 635 
UPDATED

Battered Dow Ends Down 635

US' downgraded credit rocks Wall Street in punishing session

(Newser) - The Dow Jones plummeted under 11,000 today, dropping 635 points as the United States' downgraded credit rating punished the markets. The drubbing took the Dow down 5.55% to 10,810, reports MarketWatch . The Nasdaq and S&P 500 bled more, shedding 6.90% and 6.66% respectively.

Global Markets Follow Wall Street Down

Sell-off fever spreads to Asia, Europe

(Newser) - Stock markets around the world are tumbling in the wake of yesterday's Wall Street meltdown . Market indexes across Asia saw major dives, and European markets are down in early trading, AP reports. The sell-off is "just a knee-jerk reaction to what's going on," said an analyst...

'Hindenburg Omen' Sees Stock Market Crash

Skeptics say it's just alarmist thinking (or drinking)

(Newser) - Uh-oh. The Hindenburg Omen—a technical indicator that crunches Wall Street numbers—thinks the stock market is headed for some kind of meltdown next month, reports the Wall Street Journal . But take it with a grain of salt. The Journal tempers the doom with quote up high from an industry...

Congress Must Grill Bankers, Depression Style

US needs something like the combative Pecora Commission

(Newser) - In the wake of the 1929 stock market crash, bankers weren't just held accountable, they were humiliated. Writing for Vanity Fair , historian Alan Brinkley looks at the agent of that humiliation: the Pecora Commission, a nasty, combative affair. The brilliant cross-examiner Ferdinand Pecora grilled the likes of JP Morgan Jr....

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