Stocks Down Amid Concerns of 'Stagflation'
Deseret News (Salt Lake City) › December 18, 2007
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Summary
NEW YORK -- Wall Street extended last week's losses Monday as investors remained concerned about flagging growth and rising prices and were skeptical that a special Federal Reserve credit auction will be a solution.
The Dow Jones industrial average fell nearly 175 points, and all the major indexes lost at least 1 percent.See the full content of this document
Extract
Stocks Down Amid Concerns of 'Stagflation'
The Fed offered $20 billion in 28-day credit through an auction Monday. The central ban...
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