Associated Press
NEW YORK (AP) _ Wall Street capped one of its worst weeks ever with a wild session Friday that saw the Dow Jones industrials gyrate within a 1,000 point range before closing with a relatively mild loss and the Nasdaq composite index actually ending with a modest advance. Investors were still agonizing over frozen credit markets, but seven days of massive losses and the possibility of further government support for the markets tempted some investors late in the session.
kAm%96 s@H =@DE `ag A@:?ED[ 8:G:?8 E96 3=F6 49:AD 2? 6:89E\52J =@DD @7 ;FDE F?56C a[c__[ @C aa]` A6C46?E] %96 2G6C286 925 :ED H@CDE H66< @? C64@C5 :? 3@E9 A@:?E 2?5 A6C46?E286 E6C>D] %96 $E2?52C5 U2>Aj !@@C’D d__ :?56I[ E96 :?5:42E@C >@DE H2E4965 3J >2C<6E AC@76DD:@?2=D[ A@DE65 :ED H@CDE H66<=J CF? D:?46 `hbb]k^Am
kAm%96 =2E6DE =@DD 2=D@ >62?D E96 s@H :D 5@H? c_]b A6C46?E D:?46 C6249:?8 2 C64@C5 9:89 4=@D6 @7 `c[`ec]db 2 J62C 28@[ @? ~4E] h[ a__f] %96 $U2>Aj! d__[ H9:49 C624965 :ED 9:89 @7 `[ded]`d E96 D2>6 52J[ :D 5@H? ca]d A6C46?E]k^Am
kAmx?G6DE@CD DF776C65 2 A2A6C =@DD 7@C E96 52J @7 23@FE S`__ 3:==:@?[ 2D >62DFC65 3J E96 s@H y@?6D (:=D9:C6 d___ :?56I] u@C E96 H66<[ :?G6DE@CD =@DE Sa]c EC:==:@?[ 2?5 @G6C E96 A2DE J62C[ E96 =@DD6D 92G6 A:=65 FA E@ Sg]c EC:==:@?]k^Am
kAmqFE E96C6 H6C6 D:8?D uC:52J E92E D@>6 :?G6DE@CD >:89E 36=:6G6 E96 >2C<6E H2D ?62C 2 3@EE@>] yFDE @?6 52J 62C=:6C[ D6==:?8 2446=6C2E65 :? E96 =2DE 9@FC @7 EC25:?8[ 8:G:?8 E96 s@H 2 =@DD @7 efg 2D >2?J >2C<6E A=2J6CD 7=65[ H9:=6 uC:52J[ D@>6 :?G6DE@CD DE6AA65 FA E96:C 3FJ:?8] p?5 E96 #FDD6== a___ :?56I[ H9:49 EC24<D E96 >@G6>6?ED @7 D>2==6C 4@>A2?J DE@4<D[ 925 2 c]ee A6C46?E 82:? uC:52Jj D>2==\42A DE@4<D 2C6 @7E6? 7:CDE @? :?G6DE@CD’ D9@AA:?8 =:DED H96? E96J E9:?< 2 >2C<6E EFC?2C@F?5 :D 2E 92?5]k^Am
kAm$@>6 :?G6DE@CD >2J 92G6 366? A=24:?8 36ED 29625 @7 E96 H66<6?5 >66E:?8 @7 @77:4:2=D 7C@> E96 vC@FA @7 $6G6? ?2E:@?D[ H9@ 82E96C65 :? (2D9:?8E@? E@ 5:D4FDD E96 64@?@>:4 >6=E5@H?] ~?6 @7 E96 A@E6?E:2= C6>65:6D 6IA64E65 E@ 36 C6G:6H65 2E E96 >66E:?8 :D 7@C 8@G6C?>6?ED E@ 8F2C2?E66 =6?5:?8 2>@?8 32?<D]k^Am
kAm$E:==[ uC:52J’D H:56=J >:I65 7:?:D9 H2D AC@@7 E92E (2== $EC66E DE:== 92D 2 =@?8 =:DE @7 EC@F3=6D[ 2?5 EC25:?8 H2D =:<6=J E@ C6>2:? G@=2E:=6 H96? E96 >2C<6E C6@A6?D @? |@?52J]k^Am
kAm%96 92:C\EC:886C >6?E2=:EJ @7 E96 >2C<6E — 2 C67=64E:@? @7 E96 :?E6?D6 2?I:6EJ @? E96 $EC66E — H2D 6G:56?E 7C@> E96 @A6?:?8 36==] %96 s@H 76== ehe A@:?ED :? E96 7:CDE `d >:?FE6D[ C64@G6C65 E@ 82:? >@C6 E92? `__ 367@C6 E92E 7:CDE 9@FC H2D @G6C 2?5 E96? EFC?65 D92CA=J =@H6C 282:?] xE DA6?E >F49 @7 E96 D6DD:@? H:E9 2 567:4:E 36EH66? b__ A@:?ED 2?5 d__ A@:?ED[ C682:?:?8 D@>6 8C@F?5 2?5 E96? 72==:?8 282:? — F?E:= E96 =2DE 9@FC[ H96? E96 2G6C286 925 DH:?8D DA2??:?8 9F?5C65D @7 A@:?ED E92E E@@< E96 s@H FA 2D >F49 2D baa]k^Am
kAmx?G6DE@CD 92G6 D9F556C65 E96 A2DE >@?E9 @G6C 2 4C65:E >2C<6E E92E C6>2:?D 7C@K6?[ A@D:?8 2 E9C62E E@ E96 64@?@>J 3J >2<:?8 :E 92C56C 2?5 4@DE=:6C 7@C 3FD:?6DD6D 2?5 4@?DF>6CD E@ 86E 2 =@2?] qFE uC:52J’D 82:?6CD :?4=F565 7:?2?4:2= DE@4<D[ E96 @?6D >@DE 564:>2E65 3J E96 4C65:E 4C:D:D]k^Am
kAmw2CC:D D2:5 A@=:4J>2<6CD =:<6=J H:== 4@?E:?F6 E@ 5@ H92E :D ?66565 E@ C6G:G6 E96 4C65:E >2C<6ED] p4E:@?D E2<6? D@ 72C 3J 46?EC2= 32?<D[ 2>@?8 E96> E96 u656C2= #6D6CG6[ 92G6 :?4=F565 :?4C62D65 =6?5:?8 2?5 :?E6C6DE C2E6 4FED]k^Am
kAm%96 >2;@C :?56I6D’ D92CA DH:?8D uC:52J H6C6 =:<6=J 6I246C32E65 3J E96 4@>AFE6C\5C:G6? U2>AjF@Ej3FJU2>AjF@Ej 2?5 U2>AjF@EjD6==U2>AjF@Ej @C56CD E92E <:4<65 :? H96? AC:46D 76== 72C 6?@F89]k^Am
kAm%96 s@H 76== `ag]__[ @C `]ch A6C46?E[ E@ g[cd`]ch] pE :ED =@H A@:?E uC:52J[ E96 s@H H2D 5@H? ehe]eg 2E f[gga]d`[ ;FDE e_ A@:?ED 23@G6 :ED =@H :? (2== $EC66E’D =2DE 362C >2C<6E[ f[age]af[ C624965 ~4E] h[ a__a] xE 4C@DD65 E96 =:?6 36EH66? 82:?D 2?5 =@DD6D ba E:>6D 5FC:?8 E96 D6DD:@?]k^Am
kAm%96 s@H C63@F?565 7C@> 2 =@H @7 f[gga]d` 7@C E96 52J — E96 H@CDE EC25:?8 =6G6= D:?46 |2C49 `f[ a__b] $E:==[ :ED 4=@D6 H2D E96 =@H6DE D:?46 pAC:= ad[ a__b]k^Am
kAm|2C<6E :?56I DE2ED 282:? E@=5 9@H 9@CC:7:4 E96 CF? 92D 366? @? (2== $EC66Eik^Am
kAmq6J@?5 E96 s@H[ 3C@256C DE@4< :?5:42E@CD H6C6 >:I65 uC:52J]k^Am
kAm%96 $U2>Aj! d__ :?56I 76== `_]f_ @C `]`g A6C46?E[ E@ ghh]aa] %96 `g]a A6C46?E 5C@A 7@C E96 H66< H2D E96 $U2>Aj!’D DE66A6DE 564=:?6 D:?46 E96 H66< 6?5:?8 |2J a`[ `hbbj :ED H@CDE =@DD H2D :? `hah[ H96? :E 76== `h]h A6C46?E] %96 :?56I =@DE a__]_` A@:?ED 7@C E96 H66<]k^Am
kAm%96 }2D52B 4@>A@D:E6 :?56I C@D6 c]bh[ @C _]af A6C46?E[ E@ `[ech]d`] u@C E96 H66<[ E96 }2D52B =@DE ahf]gg[ @C `d]b A6C46?E]k^Am
kAm%96 #FDD6== a___ C@D6 ab]ag[ @C c]ee A6C46?E[ E@ daa]cg] u@C E96 H66<[ E96 #FDD6== 76== he]ha[ @C `d]ec A6C46?E]k^Am
kAms64=:?6CD =65 25G2?46CD a\E@\` @? E96 }6H *@C< $E@4< tI92?86[ H96C6 4@?D@=:52E65 G@=F>6 42>6 E@ 2 C64@C5 ``]a 3:==:@? D92C6D[ 4@>A2C65 H:E9 g]`c 3:==:@? EC2565 %9FCD52J]k^Am
kAm|@DE >2;@C 46?EC2= 32?<D 2C@F?5 E96 H@C=5 D=2D965 :?E6C6DE C2E6D E9:D H66< 27E6C 4@?E:?F:?8 AC@3=6>D :? E96 4C65:E >2C<6E EC:886C65 4@?46C?D E92E 32?<D H:== CF? @FE @7 >@?6J] p?2=JDED 92G6 56D4C:365 E96 >@@5 @? EC25:?8 7=@@CD E9:D H66< 2D A2?:4<65 2E E:>6D[ H:E9 :?G6DE@CD 32:=:?8 @FE @7 :?G6DE>6?ED @? 762CD E96C6 :D ?@ 6?5 :? D:89E E@ E96 7:?2?4:2= 42C?286]k^Am
kAmp DEC62> @7 D6==:?8 7@C465 6I492?86D :? pFDEC:2[ #FDD:2 2?5 x?5@?6D:2 E@ DFDA6?5 EC25:?8[ 2?5 E9@D6 E92E C6>2:?65 @A6?65 H6C6 92>>6C65] %96 C@FE :? pFDEC2=:2? >2C<6ED 42FD65 EC256CD E96C6 E@ 42== :E U2>AjF@Ejq=24< uC:52J]U2>AjF@Ejk^Am
kAmtFC@A62? DE@4<D D2?< uC:52J[ H:E9 qC:E2:?’D u%$t\`__ 72==:?8 g]gd A6C46?E[ v6C>2?’D sp) 564=:?:?8 f]_` A6C46?E[ 2?5 uC2?46’D rpr\c_ 6?5:?8 5@H? f]fb A6C46?E] x? pD:2[ E96 4@==2AD6 @7 y2A2?’D *2>2E@ {:76 x?DFC2?46 42FD65 2=C625J ?6CG@FD :?G6DE@CD E@ AF== 6G6? >@C6 >@?6J @FE @7 E96 >2C<6E — E96 }:<<6: aad 76== h]e A6C46?E]k^Am
kAmp? :?56I 4@?D:56C65 E@ 36 (2== $EC66E’D 762C 82F86 C624965 C64@C5 9:89D @? uC:52J :? 2?@E96C D:8? @7 >2DD:G6 :?G6DE@C 2?I:6EJ] %96 r9:428@ q@2C5 ~AE:@?D tI492?86 '@=2E:=:EJ x?56I[ <?@H? 2D E96 'x)[ C@D6 E@ 2? 2==\E:>6 :?EC252J 9:89 @7 fe]hc uC:52J] %96 'x)[ H9:49 FDF2==J EC256D F?56C d_[ EC24<D @AE:@?D 24E:G:EJ 7@C E96 4@>A2?:6D E92E >2<6 FA E96 $U2>Aj! d__]k^Am
kAm$E:==[ AC@DA64ED @7 7FCE96C 8@G6C?>6?E 96=A 2?5[ A6C92AD[ 2EEC24E:G6 AC:46D 96=A65 A2CED @7 E96 7:?2?4:2= D64E@C D9@H D:8?D @7 =:76] q:8 ?2E:@?2= 32?<D H6C6 2>@?8 E96 82:?6CD[ :?4=F5:?8 q2?< @7 p>6C:42 r@CA][ H9:49 C@D6 S`]ac[ @C e]b A6C46?E[ E@ Sa_]gf] $@>6 D>2==6C 32?<D 2=D@ C@D6[ :?4=F5:?8 u:7E9 %9:C5 q2?< r@CA][ H9:49 25G2?465 ef 46?ED[ @C e]h A6C46?E[ E@ S`_]c_]k^Am
kAm}@E 2== 7:?2?4:2=D 6?;@J65 2 3@F?46[ 9@H6G6C] |@C82? $E2?=6J x?4] 76== Sa]ff[ @C aa A6C46?E[ E@ Sh]eg 2D :?G6DE@CD H@CC:65 E92E 6G6? H:E9 2 >2;@C :?G6DE>6?E 7C@> y2A2?’D |:EDF3:D9: &uy u:?2?4:2= vC@FA E96 4@>A2?J H2D DE:== 724:?8 EC@F3=6D] |62?H9:=6[ v@=5>2? $249D vC@FA x?4] 76== S`a]dd[ @C `a A6C46?E[ E@ Sgg]g_]k^Am
kAmu:?2?4:2=D H6C6 >@DE AC@>:?6?E 2>@?8 E96 DE@4<D E92E C@D6 :? E96 $U2>Aj! d__[ E9@F89 E649?@=@8J DE@4<D 86?6C2==J 25G2?465] pAA=6 x?4] C@D6 Sg]_e[ @C h]` A6C46?E[ E@ She]g_[ H9:=6 6q2J x?4] C@D6 ff 46?ED[ @C c]g A6C46?E[ E@ S`e]fb]k^Am
kAmx?G6DE@CD 2AA62C65 F?72K65 3J 7:?2= C6DF=ED 2CC:G:?8 :? 27E6C?@@? EC25:?8 7C@> 2? 2F4E:@? uC:52J E92E D6E E96 AC:46 @7 563E :DDF65 3J ?@H 32?<CFAE {69>2? qC@E96CD w@=5:?8D x?4] 2E g]ead 46?ED @? E96 5@==2C[ 5@H? 7C@> 2 AC6=:>:?2CJ 6DE:>2E6 @7 h]fd 46?ED]k^Am
kAm%96 2F4E:@? H2D 7@C 4C65:E 5672F=E DH2AD[ H9:49 2C6 4@?EC24ED FD65 E@ :?DFC6 282:?DE E96 5672F=E @7 7:?2?4:2= :?DECF>6?ED =:<6 3@?5D 2?5 4@CA@C2E6 563E] %C2565 :? 2 Se_ EC:==:@?[ F?C68F=2E65 >2C<6E[ >2?J @7 E96 :?DECF>6?ED 92G6 72==6? D92CA=J 3642FD6 @7 E96:C E:6D E@ 325 >@CE8286 563E] %9@D6 3:8 =@DD6D 2?5 ?6CG@FD?6DD 23@FE H9@ 9@=5D H92E rs$ 92D >256 7:?2?4:2= :?DE:EFE:@?D 96D:E2?E E@ =6?5 E@ @?6 2?@E96C] %96 2F4E:@? 4@F=5 96=A E96 >2C<6E 56E6C>:?6 H9:49 4@>A2?:6D 2C6 >@DE 2E C:D< 7C@> rs$ =@DD6D]k^Am
