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Financials Nudge Markets Down

Anxiety over Fannie, Freddie, fate of regional banks kill early rally

By Nick McMaster, Newser Staff

Posted Jul 14, 2008 3:31 PM CDT

(Newser) – The markets saw modest losses today, erasing an early-session rally spurred by the announcement of a government bailout plan for Freddie Mac and Fannie Mae as investors mulled the ramifications of a government rescue, MarketWatch reports. The Dow fell 45.35 points, closing at 11,... Read full story »

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Financials Nudge Markets Down

Anxiety over Fannie, Freddie, fate of regional banks kill early rally

NASDAQ • Dow Jones • Freddie Mac • Fannie Mae • S&P 500 • government backing • financial crisis

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Bailout Rally Tails Off Late

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