Finance

US stock futures plunge as Fed prepares for slu

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NEW YORK (AP) -- Stock futures are plummeting after the Federal Reserve indicated the U.S. economic slump could last for years.

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Markets

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o Microsoft 35.00 ▲0.60 (1.74%)
o Google 886.25 ▲11.21 (1.28%)
o BRE 48.76 ▼0.09 (-0.18%)
o Yahoo 26.54 ▲0.26 (0.99%)
NASDAQ:MSFT

Microsoft

Company ID [NASDAQ:MSFT] Last trade:35.00 Trade time:4:00PM EDT Value change:▲0.60 (1.74%)
NASDAQ:GOOG

Google

Company ID [NASDAQ:GOOG] Last trade:886.25 Trade time:4:00PM EDT Value change:▲11.21 (1.28%)
NYSE:BRE

BRE

Company ID [NYSE:BRE] Last trade:48.76 Trade time:4:00PM EDT Value change:▼0.09 (-0.18%)
NASDAQ:YHOO

Yahoo

Company ID [NASDAQ:YHOO] Last trade:26.54 Trade time:4:00PM EDT Value change:▲0.26 (0.99%)

Wall Street Journal

WSJ.com: US Business
  • China Wrestles With Banks' Pleas for Cash
    China's big banks are urging the central bank to free up funds to ease an unusual cash squeeze, as Beijing faces a stark choice: add money to the financial system to help lenders, or stay the course to rein in a rapid expansion of credit.
  • Setback for Pacts That Delay Sale of Generics
    The U.S. Supreme Court ruled that courts should give more scrutiny to pharmaceutical industry patent settlements that can delay the entry of generic drugs.
  • Airlines' Passenger-Satisfaction Improves
    Major U.S. airlines improved their passenger-satisfaction scores for the second consecutive year, according to a poll to be released Tuesday, but they remain near the bottom of the poll's benchmark industries.

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