Related Articles| Bank-linked funds lure money, losses Funds that invest in banks and brokerages are luring the most money this year even as the shares they buy post their biggest declines in almost five decades because of mounting credit-market losses. |
| GE shares tumble amid financial worries General Electric Co shares tumbled nearly 10 percent on Wednesday as investors became panicky about how its massive financial arm was faring in the wake of the troubles at top financial institutions. |
| Bank of East Asia Shares Slump After 52% Profit Drop Aug. 5 (Bloomberg) -- Bank of East Asia Ltd. , Hong Kong's third-biggest lender by assets, fell to the lowest in almost two years after reporting a 52 percent decline in first-half profit on $167.8 million of credit market-investment losses. |
| U.S. Stocks Advance as JPMorgan Leads Two-Day Financial Rally July 17 (Bloomberg) -- U.S. stocks rallied, sending the Dow Jones Industrial Average to its best two-day gain in almost six years, after JPMorgan Chase & Co.'s profit topped estimates and falling oil prices sparked an advance in consumer shares. |
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