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On May 6, 2011, just weeks before Haines died, she moved on to CNN. With the loss of both prior hosts, Simon Hobbs & Melissa Lee filled in as co-anchors. On March 10, 2009, Haines famously called the bottom of the stock market during the financial crisis, forever cementing his legacy with the term "The Haines Bottom."
On Monday, 19 January 2009, a date previously known as Blue Monday, British banking shares collapsed in a rout of selling after Royal Bank of Scotland (RBS) announced the biggest corporate losses in British history. The shares fell over 67% in a single day. Shares in all other British banks suffered heavy losses.
By March 9, 2009, the Dow had fallen to 6,500, a percentage decline exceeding the pace of the market's fall during the Great Depression and a level which the index had last seen in 1997. On March 10, 2009, a countertrend bear market rally began, taking the Dow up to 8,500 by May 6, 2009. Financial stocks were up more than 150% during this rally.
This optimism reflected in recent market action and the economic consensus serves as the central theme of the latest Yahoo Finance Chartbook, which brings together more than 30 charts from some of ...
Prices paid jumped to 51.3 from January's reading of 44.5. ... Here are some of the tickers trending on Yahoo Finance today: ... Click here for the latest stock market news and in-depth analysis ...
U.S. stocks rallied on Friday, rounding out a big end to the week, while bond yields retreated slightly from their recent march. At the close, the S&P 500 surged 1.6%, while the Dow Jones ...
High oil prices have impacted global economic growth, causing the Dow's 12th bear market since 1962 and the first since 2002 according to The Washington Post. [13] Tom Petruno of the LA Times points out that "the U.S. stock market meltdown this year isn't happening in isolation. Major European stock markets also are down more than 20% since Jan. 1.
The following is a list of notable deaths in December 2009. Entries for each day are listed alphabetically by surname. A typical entry lists information in the following sequence: Name, age, country of citizenship at birth, subsequent country of citizenship (if applicable), reason for notability, cause of death (if known), and reference.