Wall Street plunges

A growing conviction that the US is heading for a recession sent Wall Street plunging today, with weak retail sales figures and a disappointing quarterly report from Citigroup. exacerbating investors' pessimistic mood.

Wall Street plunges
Tue, 15 Jan, 2008 - 22:29

A growing conviction that the US is heading for a recession sent Wall Street plunging today, with weak retail sales figures and a disappointing quarterly report from Citigroup. exacerbating investors' pessimistic mood.

The Dow Jones industrials fell nearly 280 points.

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CourtsBusinessHeathrowOrganisation: Wall StreetOrganisation: USOrganisation: CitigroupOrganisation: Labour DepartmentOrganisation: Merrill Lynch & CoOrganisation: CitiOrganisation: Merrill
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