Stocks slumped Wednesday afternoon as investors eyed weak reads on factory orders and new home sales, spiking oil and gold prices and a bearish analyst note on financial earnings.
New home sales fell to their lowest level in 13 years in February, according to a key government report on the battered housing market released Wednesday.
Citigroup Inc. said Wednesday that it agreed to pay $1.66 billion in claims to settle a dispute with creditors of Enron, bringing the dramatic tale of the fallen energy giant one step closer to an end.
Citigroup Inc. said Wednesday that it agreed to pay $1.66 billion in claims to settle a dispute with creditors of Enron, bringing the dramatic tale of the fallen energy giant one step closer to an end.
New home sales fell to their lowest level in 13 years in February, according to a key government report on the battered housing market released Wednesday.