Posted AT 9:41 PM EDT 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 | +155.81 | 13,219.66 |
| DJIA | +27.11 | 11,375.66 |
| S&P 500 | +2.30 | 1,268.99 |
| Nasdaq | +6.77 | 2,391.13 |
| Stock Profile | Sponsored by: |
|---|---|
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