Market Snapshot: Bad bank debate may help stocks cast off chill; jobs, autos loom
Posted by on Jan 30th, 2009Progress creating a government structure to absorb banks’ rotten assets could provide some relief next week for the stock market, which otherwise faces a tough lineup of woeful corporate outlooks, plunging auto sales and big job losses.
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Market Snapshot: Bad bank debate may help stocks cast off chill; jobs, autos loom