Stocks tumbled on Friday to close out the worst week since January as news of a criminal probe into Goldman Sachs unnerved investors already anxious about the prospects for heavy regulation from Washington.
Wall St sinks on Goldman angst, but ends up for April (Reuters)
Wall St sinks on Goldman angst, but ends up for April (Reuters)
Stocks tumbled on Friday to close out the worst week since January as news of a criminal probe into Goldman Sachs unnerved investors already anxious about the prospects for heavy regulation from Washington.
* U.S. starts criminal probe into Goldman Sachs -source * Oversupply fear hits chip makers, SOXX off 4.5 pct * Gulf of Mexico oil spill weighs on market s mood
* U.S. starts criminal probe into Goldman Sachs -source * Oversupply fear hits chip makers, SOXX off 4.5 pct * Gulf of Mexico oil spill weighs on market s mood
[$$] Banks Take a Bite Out of Dow (at The Wall Street Journal)
Banks Take a Bite Out of Dow Stocks tumbled, led by financial stocks, including J.P. Morgan Chase and Bank of America, following reports of a criminal probe into Goldman Sachs Group.
Selloff Hammers Stocks; Goldman Skids 10% (at CNBC)
Stocks shed 1.4 percent Friday, . Goldman Sachs tumbled on reports of a federal probe, prompting investors to unload bank shares. The Dow was down more than 130 points, or 1.2 percent, with 10 minutes to go on the clock.
[$$] Banks Take a Bite Out of Dow (at The Wall Street Journal)
Banks Take a Bite Out of Dow Stocks tumbled, led by financial stocks, including J.P. Morgan Chase and Bank of America, following reports of a criminal probe into Goldman Sachs Group.
Selloff Hammers Stocks; Goldman Skids 10% (at CNBC)
Stocks shed 1.4 percent Friday, . Goldman Sachs tumbled on reports of a federal probe, prompting investors to unload bank shares. The Dow was down more than 130 points, or 1.2 percent, with 10 minutes to go on the clock.