Stocks mixed on bailout clash; tech slides (AP)

Posted by admin on September 29, 2008 under News | Be the First to Comment

Stocks mixed on bailout clash; tech slides (AP)

A trader works on the floor of the New York Stock Exchange Friday, Sept. 26, 2008 in New York. (AP Photo/Mark Lennihan)AP – Financial markets remained on edge Friday after the Bush administration’s proposal for a $700 billion banking bailout ran into opposition from Republican lawmakers. Stocks ended mixed, with big financial companies lifting the Dow Jones industrials more than 120 points, but worries about smaller banks and parts of the technology sector taking much of the market lower.


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