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Wednesday, February 18, 2009

Washington Times - Markets seesaw as economy worsens

Washington Times - Markets seesaw as economy worsens: "Wall Street seesawed Wednesday as gloomy government reports showed a worsening economy and President Obama unveiled a highly complicated $75 billion plan to help up to 9 million families avoid foreclosures on their homes.

The markets did not seem impressed with a housing plan that eventually could total $275 billion, and the Dow Jones Industrial Average at one point fell below its Nov. 20 post-meltdown low of 7,552.29."

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