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U.S. stocks head for another lower open
NEW YORK (AP) - U.S. stocks headed for another lower open Wednesday amid continuing investor uneasiness, but futures prices pointed to less intense pressure than on Tuesday, when stocks plunged after the opening bell.
Mortgage applications rise in latest week
7:45am: Overall volume jumps 8.3%, spurred by surging refinancings as interest rates drop, according to Mortgage Bankers Association's survey. (more)
CBO expects deepening budget woes
7:18am: Congressional Budget Office says nation's deficit for 2008 could increase by $250B, easily outpacing the $163B registered in '07. (more)
Snow advocates $200B stimulus package
6:44am: Ex-Treasury Secretary John Snow says the $150 billion package proposed by the President is not enough. (more)
Wall Street: Still seeing red
6:32am: Futures point to heavy losses at the open after Apple, Motorola give disappointing outlooks; investors can't shake recession fears. (more)
Banks are down, but not yet out
4:15am: Multibillion-dollar writedowns have become scarily common, but that doesn't mean that a major bank will go under. (more)
Recession-proof stores
4:08am: Analysts say these retailers won't lose in an economic downturn because consumers will want to, or have to, shop at them. (more)
Asian markets cheer Fed cut
3:55am: Hong Kong, Japanese stocks rebound from deep plunge; Europe struggles. (more)
NEW YORK (AP) - U.S. stocks headed for another lower open Wednesday amid continuing investor uneasiness, but futures prices pointed to less intense pressure than on Tuesday, when stocks plunged after the opening bell.
Mortgage applications rise in latest week
7:45am: Overall volume jumps 8.3%, spurred by surging refinancings as interest rates drop, according to Mortgage Bankers Association's survey. (more)
CBO expects deepening budget woes
7:18am: Congressional Budget Office says nation's deficit for 2008 could increase by $250B, easily outpacing the $163B registered in '07. (more)
Snow advocates $200B stimulus package
6:44am: Ex-Treasury Secretary John Snow says the $150 billion package proposed by the President is not enough. (more)
Wall Street: Still seeing red
6:32am: Futures point to heavy losses at the open after Apple, Motorola give disappointing outlooks; investors can't shake recession fears. (more)
Banks are down, but not yet out
4:15am: Multibillion-dollar writedowns have become scarily common, but that doesn't mean that a major bank will go under. (more)
Recession-proof stores
4:08am: Analysts say these retailers won't lose in an economic downturn because consumers will want to, or have to, shop at them. (more)
Asian markets cheer Fed cut
3:55am: Hong Kong, Japanese stocks rebound from deep plunge; Europe struggles. (more)
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