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LATEST FINANCIAL MARKETS NEWS NEWS:

News roundup: Financial crisis continues; ships avoid Suez
Good morning. It's Friday. Slate says the nation's major newspaper lead with the latest bad news from Wall Street, where the Dow fell to its lowest level since 1997. "The credit markets seized up as confidence in the nation’s financial system ebbed and people rushed to put money in Treasuries, the safest of investments," The New York Times reports. "Some markets are now back to where they were ...

FERC Plans Conference On Power Plants And Financial Markets
WASHINGTON -(Dow Jones)- U.S. federal regulators plan to hold a public conference in January to focus on how troubles in the financial markets are affecting the electric power industry.

US financial lobby urges open markets for China
Members of a U.S. financial industry group visiting China this week to push for more open capital markets said they found officials here alarmed by the credit crisis, but eager to work together to resolve problems.

The black hole in financial markets
Subprime mortgages were the beginning, not the end, of a global financial crisis, and in recognition of this fact equity markets have crashed.

European, Asian markets rebound despite US losses
LONDON -- European and Asian stock markets rebounded Friday as expectations of a recovery on Wall Street prompted investors to scoop up battered financial and energy shares.

Highlights: Loews Corp., CNA Financial Corp., Diamond Offshore Drilling, Inc., Boardwalk Pipeline Partners L.P. and ...
(AP:CHICAGO--) (BUSINESS WIRE) _ Nov. 21, 2008-- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.

Analysis: Obama Treasury choice could calm markets
Why aren't the government bailouts working? The presidential transition may be adding to the uncertainty roiling the financial markets. In fact, knowing the names on President-elect Barack Obama's economic team may prove more helpful in calming those stormy markets in the short term than bailout packages that so far haven't had much payoff.