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] Equity indices settled on their lows following a steady, session-long slide. Similar to yesterday, small-caps paced the retreat as the Russell 2000 fell 1.6%, extending its December loss to 3.6%. The S&P 500 settled lower by 1.1%, widening its month-to-date decline to 1.3%.
There was no specific news catalyst behind today's slide, which had the markings of broad-based profit-taking. Seven of ten sectors settled with losses of 1.0% or more while only two groups ... More
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