Deeper than feared stock market crashes shake world economy
October 24, 2008 By
Stock markets dropped on Friday in a worldwide sell-off with investors cashing out of stocks as signs mounted that the global economic slowdown could be deeper than feared and the corporate profit outlook darkened.It was not the bloodbath many had feared, however, even though stocks ended at 5-1/2-year lows. In the overnight hours, selling was,,,
Tags: global economic slowdown, investors, stock market, stocks, world economy