stock market crash

6 Stories

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... More »

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... More »

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. More »

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... More »

'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... More »

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.... More »

6 Stories