U.S. stock indexes looking at weekly losses of 20% and more

Date: Fri, 10 Oct 2008 17:03:56 -0400
U.S. stock indexes looking at weekly losses of 20% and more

U.S. stocks tally losses for an eighth consecutive day but step back
from an opening plunge that saw the Dow Jones Industrial Average below
8,000 for the first time in more than five years.

Futures Movers: Oil ends below $78 at a more than 1-year low, down 17%
on week

Crude-oil futures tumble to close at a more than one-year low under $78
a barrel, ending the week with a 17% loss as global stock markets reeled
and the energy complex came under renewed pressure by fears about
flagging demand.

Morgan Stanley shares hit again after Moody's warning

BOSTON
Shares of Morgan Stanley fell again Friday as the firm battled unceasing
and unsettled questions about its viability.

Correct: Pressure grows on G7 as global crisis deepens

Heightened fears of a global economic meltdown put greater pressure on
the world's top politicians and policy makers to craft sweeping and
unprecedented actions aimed at thawing frozen credit markets.

Obama strikes dagger into GOP defense doctrine?

It's not the kind of language one expects to hear from a Democrat.
Barack Obama's tough talk about 'taking out' Osama bid Laden may dispell
some of the public perception that the Republicans are always the
hawkish ones.