U.S. stocks on slippery slope (Calcutta News)

Story date: 2008-01-30 11:39:01
Added on: 2008-01-30 21:26:36

U.S. stocks were failing to get a footing on Wednesday as concerns lingered over the state of the economy. Sentiment brightened around 2:15 in the afternoon however when the Federal Reserve slashed interest rates by another 50 basis points, adding to last week's cut of 75 basis points.


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