Market Brief

Economic Brief

Slip Sliding Dec 18 2008 4:05PM EST

Stocks fell for a second day. Standard & Poor's cut its ratings outlook on General Electric to "negative" and G.E. shares slid. Shares of energy companies declined as the price of crude oil continued to fall. And automotive shares were down sharply. Oh, yeah, where is that auto bailout? Exactly.

Jobless Claims Jump Dec 11 2008 8:48AM EST

Initial claims for state unemployment benefits surged 58,000 last week to 573,000, the highest level since 1982.

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Quotes delayed 15 minutes for NASDAQ. 20 minutes for NYSE and AMEX. Market Data provided by Interactive Data. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions. Company fundamental data provided by Hemscott. Economic data provided by Econoday. News provided by Comtex. Sec Filings data provided by Edgars. The Wall Street Horizon National Consumer Interest Rate Survey. ©2009 Wall Street Horizon. PMMS Mortgage Data ©2009 Freddie Mac. Mortgage averages are for conforming mortgages with 20% down.