US investors gird for fresh turmoil

Published August 12, 2007

NEW YORK, Aug 11: US investors are girding for fresh stock turmoil in the coming week after riding a market roller-coaster in recent days, which has shaken their confidence in the mortgage and credit markets.

The major US stock market indexes ended the week higher on Friday that a week ago, but investors saw their portfolios whip lashed as uncertainty about the troubled US housing sector and a related credit squeeze swept world markets.

The leading Dow Jones Industrial Average has dived and jumped by over 200 points in recent days, investors have fled mortgage related investments, and the Federal Reserve has injected tens of billions of dollars into the financial system to shore up confidence.—AFP

Opinion

Editorial

A difficult story
Updated 12 Jun, 2026

A difficult story

Unless productivity becomes the dominant target of economic policy, Pakistan will continue to oscillate between crises and fragile recovery.
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...
GB polls’ aftermath
Updated 11 Jun, 2026

GB polls’ aftermath

The new administration must address the region’s issues proactively.
Peace in retreat
11 Jun, 2026

Peace in retreat

THE ceasefire announced in April was supposed to create space for negotiations. Instead, it has been repeatedly...
A few good men
11 Jun, 2026

A few good men

IT was a brave move, no doubt. This Tuesday, in the land of the Afghan Taliban, a few good men decided to take a...