U.S. Stocks Retreat; Goldman, Morgan Stanley, Exxon Decline
Story date: 2007-12-04 08:44:00
Added on: 2007-12-04 09:28:07
Bloomberg - ... banks announced $66 billion of writedowns linked to subprime mortgage losses. The 93-member S&P 500 Financials Index still has gained 7 percent from its two-year low on Nov. 26 as traders increased wagers the Federal Reserve will cut interest rates ...
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