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Monday, January 05, 2009
Wall St. Braces for 2009 First Full WeekWall Street opens for trading on Monday at a two-month high as investors have grown more optimistic that the worst of the market's rout might be over. But, analysts contend, the real test is still to come. |
S&P/Case-Shiller: U.S. Home Prices Fall 18% in OctoberPrices of U.S. single-family homes in October plunged a record 18.0 percent from a year earlier, according to the Standard & Poor's/Case-Shiller Home Price Indices released on Tuesday that indicated a U.S. housing market in the throes of a deep recession. |
Advice for the Bear MarketWall Street is full of old saws about bear markets. They tend to offer the same advice: When things look scary, stick out your chin and buy. But given the awful drubbing investors took last year, and with the economy still in a tailspin, dare we take that advice this time? |
Wall Street Slump Hits College FundsWhen it comes to Wall Street's 40 percent fall this year, the worries of some aging baby boomers extend beyond their 401(k) and IRA accounts. Americans had $101.7 billion invested in 529 college savings plans as of Sept. 30, down from $110.6 billion at the end of June, according to the College Savings Foundation. |