Thursday, January 28, 2010

Stock selloff accelerates

NEW YORK (CNNMoney.com) -- A stock selloff gained speed Thursday as investors dumped technology and other large cap stocks amid weaker economic reports, a stronger dollar and continued jitters in the aftermath of last week's selloff.

The market wariness overshadowed Ford Motor's first profit in 4 years and President Obama's announcement of a push for jobs.

NEW YORK (CNNMoney.com) -- A stock selloff gained speed Thursday as investors dumped technology and other large cap stocks amid weaker economic reports, a stronger dollar and continued jitters in the aftermath of last week's selloff.

The market wariness overshadowed Ford Motor's first profit in 4 years and President Obama's announcement of a push for jobs.

Source:CNNMoney.com

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