9/12/2013 6:00 PM ET|
The financial crisis, year by year
Fed by a collapsing housing market, the meltdown came to a head in September 2008. But it began unfolding more than a year earlier. Here's a look.
The housing slump was well under way as the crisis unfolded in 2007. Here's a look:
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[BRIEFING.COM] The S&P 500 has inched up from its worst level of the session, but that could be overlooked considering the index remains lower by 28 points.
Today's retreat has sent the benchmark average below its 50-day moving average (1953) for the first time in a while. Specifically, the index tested, but never closed below the 50-day average on six occasions during a three-week stretch between late April and early May. Prior to that span, the S&P 500 dove below the 50-day ... More
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