Stocks slide, Obama rejects protectionism (AFP)

Posted by admin on February 22, 2009 under News | Be the First to Comment

Stocks slide, Obama rejects protectionism (AFP)

Traders work on the floor of the New York Stock Exchange during afternoon trading on February 17. US stocks closed at six-year lows on Thursday after data showed five million people were collecting unemployment benefits, a record high number that underlined the growing depths of the recession.(AFP/Getty Images/File/Mario Tama)AFP – Asian stocks fell on Friday after Wall Street sank to six-year lows as rising unemployment stoked fears of a deep US recession and investors shrugged at a US vow to avoid protectionism.


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