Sep 30
Amazon rises, Goldman analyst says stock oversold October 1st, 2008 NEW YORK—Amazon.com Inc. shares rose Tuesday as a Goldman Sachs analyst said he sees the online retailer’s stock as oversold. Amazon shares climbed $5, or 7.9 percent, to $68.35 in Tuesday afternoon trading. On Monday, the stock fell $7.35, or 10.4 percent, to close at $63.35, following the overall market’s steep decline. That closing price also marked a decline of more than 20 percent for the stock since the end of August.
Sep 30
FUTURES TURN HIGHER, RECOVERING ONE-THIRD OF LOSS The last thing Wall Street wants to admit is that it can be made a slave of the political whims of the inside-the-Beltway crowd. So stocks are going to mount some kind of an effort Tuesday to erase some of the damage caused Monday by Congress’ lack of will, despite the absence of any kind of resolution of the political imbroglio that caused the market to tank in the first place. But the last thing that the equities market can say, with any kind
Sep 30
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Sep 30
Financial sector shares plummeted on a highly volatile trading day in which the US stock market suffered its largest-ever decline in market capitalisation.
