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ID: 29056
Title: Stocks slump as hopes for rate cut fall (AP)
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Trader Andrew O'Connnor, left, watches the screens at a post on the floor of the New York Stock Exchange, Wednesday afternoon, March 14, 2007. Wall Street turned mixed Wednesday, seeking direction a day after concerns about faltering subprime mortgage lenders sparked a broad selloff in stocks.  (AP Photo/Richard Drew)AP - Wall Street slumped Friday after another reading on inflation deflated hopes the Federal Reserve will start moving toward an interest rate cut when it meets next week. The major indexes suffered moderate losses for the week.


Category: Business/Stock Markets/
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Date Added: March 17, 2007 05:16:00 AM
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