The year 2008 is marked by volatile movements on the stock market with heavy selling pressure by foreign financial institutions and general investors on account of recessionary conditions worldwide.
Jan. 2 (Bloomberg) -- U.S. stocks climbed to a two-month high, following the market’s worst annual drop since the Great Depression, as General Motors Corp. got its first cash infusion from the government and rising oil prices lifted energy shares.
Jan. 2 (Bloomberg) -- U.S. stocks advanced on the first day of trading in 2009, following the biggest annual drop for the Standard & Poor’s 500 Index in 71 years, as rising fuel prices lifted energy shares and General Motors Corp. received a cash infusion from the government.
Jan. 2 (Bloomberg) -- U.S. stocks advanced on the first day of trading in 2009, following the biggest annual drop for the Standard & Poor’s 500 Index in 71 years, on expectations government spending will curtail the recession.
