MW: U.S. stock futures point to eighth day of losses
MARKETWATCH FRONT PAGE
U.S. stock futures pointed to another sharp day of losses Friday as the frozen credit markets and lack of faith in the financial system continue to hammer stocks around the globe. See full story.
Pressure on policy makers as global crisis deepens
LONDON (MarketWatch) -- Fears of a global economic meltdown grew Friday, forcing the world's top politicians and policy makers to ponder a further round of sweeping and unprecedented actions aimed at thawing frozen credit markets. See full story.
GE meets lowered bar with 22% profit fall
General Electric on Friday met the lowered bar that it set for itself by reporting a 22% third-quarter profit fall, as problems at the group’s finance arm more than offset infrastructure and media profitability. See full story.
Europe Markets: European shares plunge as global rout accelerates
The main national European shares indexes all plunged more than 9% on Friday morning, capping a week of turmoil in equity markets when policymakers and central banks tried to shore up financials and limit overspill to the global economy. See full story.
Economic Report: U.S. Aug. trade gap narrows as global economy stalls
WASHINGTON (MarketWatch) -- The U.S. trade deficit narrowed in August, as U.S. trading partners cut back their demand for American products, a government report showed Friday. See full story.
MARKETWATCH COMMENTARY
Irwin Kellner: The credit markets will recover, but it will take patience
PORT WASHINGTON, N.Y. (MarketWatch) -- Monday's stock market sell off largely reflected concern that the rescue package passed by the Congress and signed into law late last week will not unclog the financial markets anytime soon. See full story.
MARKETWATCH PERSONAL FINANCE
Real Estate: Even the wealthy are nervous about buying a house today
For a while, high-end housing looked resilient compared with the rest of the real-estate market. Not anymore. See full story.