Market’s Euphoria Only Lasted A While: Stocks Down And Lehman Shares Plummet
Posted on September 09, 2008 at 13:42 PM EDT
Did the euphoria last only 24 hours? Investors’ sentiment has reversed again on Wall Street. Just on Monday, US stock indices, plus stocks around the world, rose on news of the government’s bailout of crooked mortgage giants Fannie Mae (FNM) and Freddie Mac (FRE), but today, the atmosphere has changed dramatically -