MW: U.S. stocks losing some lift from China stimulus package
By MarketWatch
Last update: 12:00 p.m. EST Nov. 10, 2008
MARKETWATCH FRONT PAGE
Stocks scale back gains, with the Dow Jones Industrial Average flirting with the 9,000 level, as enthusiasm over China's economic stimulus package was partially offset by ongoing worries about U.S. companies. See full story.
China lifts wraps on stimulus package
China unveiled on Sunday what it described as a “massive” economic stimulus package worth over half a trillion dollars in an effort to reverse slowing economic growth in the world’s most populous country. See full story.
The Fed: Fed, Treasury revamp support for insurer AIG
The Federal Reserve and the Treasury have restructured the government’s support for AIG, the insurance giant taken over on Sept. 16. See full story.
Circuit City files for Chapter 11 bankruptcy
Circuit City Stores Inc. says it filed for protection from its creditors under Chapter 11 of the U.S. bankruptcy code. See full story.
The Ratings Game: Deutsche Bank cuts GM to sell; shares seen likely worthless
General Motors get downgraded to sell from hold by Deutsche Bank, which sees U.S. government intervention as inevitable. GM shares come under renewed selling pressure. See full story.
MARKETWATCH PERSONAL FINANCE
Robert Powell: Savings reforms would enhance Americans' nest eggs
Add to the list of things Barack Obama must do after he becomes president on Jan. 20: Fix the nation’s retirement system and fast. And I’m not talking Social Security. That’s the least of our worries. See full story.