Posted AT 9:41 PM EST on 01/07/08
Stingy lenders grease market's slide
NEW YORK — — A quick recap of the past several days on Wall Street, where the self-mutilation never stops: Analysts warned that Citigroup Inc. and Merrill Lynch & Co. Inc. , both of which have been hammered by exposure to the mortgage industry, will have to swallow billions of dollars in additional writedowns later this month.
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| Market | Change | Value |
|---|---|---|
| Data delayed 15 minutes | ||
| S&P/TSX | +69.72 | 11,250.42 |
| DJIA | +17.46 | 10,023.42 |
| S&P 500 | +2.67 | 1,069.30 |
| Nasdaq | +7.12 | 2,112.44 |
| Stock Profile | |
|---|---|
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U.S. stock futures head higher
Investors await key U.S. data on manufacturing and housing
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