24 October 2008

The markets are falling! The markets are falling!

From CNNMoney:

Markets were so jittery early Friday that the New York Stock Exchange felt it was necessary to post a statement on its blog confirming that trading would open as normal at 9:30 a.m. ET, saying it felt it was necessary to answer widespread rumors that the open would be delayed.
The NYSE also posted updated details of so-called circuit breakers, which would halt trading for certain periods of time if the Dow Jones industrial average falls 1,100 points during the trading day. It said it was posting that information with "the fervent hope we won't need them."


Now wait just a minute. This is crazy! The New York Stock Exchange has a BLOG?!?!

http://money.cnn.com/2008/10/24/markets/stockswatch/index.htm?postversion=2008102406&eref=rss_topstories

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