NEW YORK - Wall Street seesawed but still extended its devastating decline Friday as investors, seeing no resolution to the credit crisis, propelled the Dow Jones industrials to their eighth straight day of losses and worst week ever. Stocks gyrated in the opening minutes as a burst of buying in financial stocks spread to other sectors, and also fluctuated in the final hour of trading.
WASHINGTON - President Bush said Friday that the government's financial rescue plan was aggressive enough and big enough to work, but would take time to fully kick in. "We can solve this crisis and we will," he said in brief remarks from the White House Rose Garden.
ST. LOUIS, Missouri (AFP) - With the 2008 presidential election boiling down to a handful of battleground states, the tightest race of all has emerged in Missouri, the most accurate political bellwether state in US history.