Capital Gold Group Report: "U.S. STOCK MARKET HAMMERED TODAY"

By John Jameson on July 9, 2008 2:00 PM | Permalink

CNBC HEADLINES:

CREDIT CONCERNS MOUNTING
SELLOFFS INTENSIFY THROUGHOUT DAY
TECH JOINS SELLOFFS

FREDDIE MAC DOWN 24%
FANNIE MAE DOWN 13% TODAY

WORST DAY FOR THE BANKS GOING BACK TO JULY, 2002
FANNIE AND FREDDIE AT LOWEST LEVELS SINCE 1992

S&P FALLS 2.3% TODAY; DOWN 20.5% SINCE OCTOBER; IN BEAR TERRITORY

DOW FALLS 2.1% TODAY - 236 POINTS - NOW AT 11,147.44

NASDAQ DOWN 2.6% TODAY
NASDAQ'S LOWEST CLOSE SINCE MARCH

DOW & NASDAQ IN BEAR MARKET
STOCKS DROP INTO OFFICIAL BEAR MARKET

POOR FANNIE BOND OFFERING SPARKS MARKET SELLOFF
MERRILL,FANNIE MAE PUSH S&P 500 INDEX TO WORST DAY SINCE JULY 2002

"ECONOMIC DECLINE ACCELERATING IN PAST SIX WEEKS" - WARREN BUFFETT

Capital Gold Group, gold group, gold, gold prices, gold news, gold coins, gold bullion, gold IRA, IRA gold

This page contains a single entry by John Jameson published on July 9, 2008 2:00 PM.

Capital Gold Group Report: Gold Responds to Tensions between Iran, the U.S. and Israel was the previous entry in this blog.

Capital Gold Group Report: CNBC HEADLINE: OIL HITS $147; DOW HEADING TOWARD 11,000 is the next entry in this blog.

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Capital Gold Group Report: "U.S. STOCK MARKET HAMMERED TODAY"

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