Talk of rate cut lifts Dow from 200-point drop
Story date: 2007-10-24 02:08:00
Added on: 2007-10-24 16:00:21
Los Angeles Times - ... about the housing market and financial companies, then recovered most of the losses on rumors of an emergency interest rate cut ... Merrill said it lost $2.2 billion in the third quarter, including a $7.9-billion write-down for devalued sub-prime ...
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