The United States said on Tuesday it set preliminary duties ranging from 2 percent to 438 percent on hundreds of millions of dollars of imported steel wire decking from China to offset government subsidies.
Stocks tumbled Friday, giving back all of the gains from the prior session, as worries about the recovery escalated after a pair of reports on the consumer and as the dollar rallied. The Dow shed 250 points, or 2.5 percent, but finished flat for the month.
Stocks tumbled Friday, giving back all of the gains from the prior session, as worries about the recovery escalated after a pair of reports on the consumer.
Futures indicated a lower open for Wall Street on Friday, the last trading day of October, after the Dow experienced its best day in 3 months Thursday after GDP data showed the world's biggest economy exited recession in the third quarter.
Stocks rallied Thursday, rebounding off of the prior session's rout, after reports showed the economy grew more than expected last quarter and jobless claims fell. The Dow jumped more than 2 percent—its best day since July.
Stocks rallied Thursday, rebounding off of the prior session's rout, after reports showed the economy grew more than expected last quarter and jobless claims fell.
Stocks rallied Thursday, rebounding off of the prior session's rout, after reports showed the economy grew more than expected last quarter and jobless claims fell.
The weak consumer confidence report that hit U.S. stocks on Tuesday is having a lingering effect this Wednesday, with global stock markets falling and stock index futures pointing to another lower open on Wall Street.
Tuesday, 27 Oct 2009 | Source: The Associated Press
After burning through $1 million in savings and seeing no end to their losses, dairy farmers Jake and Lori Slegers figured they didn't have much choice — they had to kill the cows.
The number of recalls of tainted Chinese goods in the United States has fallen 40 percent in the past year, but more need to be done to reduce that further, Inez Tenenbaum, Chairman of the U.S. Consumer Product Safety Commission told CNBC.
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