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 stock market climbed out of the gate with the industrial sector (+0.6%) setting the pace. Looking below the surface, transport stocks are largely responsible for the early outperformance following better than expected results from FedEx (FDX 160.46, +5.80). The logistics company has added 3.9%, while the broader Dow Jones Transportation Average trades up 1.3% with all but one component showing gains. Shipper Matson (MATX 27.36, -0.03) is the lone decliner, down ... More
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