251. Stocks: Data Stoke Inflation Fears; Bank Stocks Keep Dropping
- Author
-
Talley, Karen
- Subjects
Dime Bancorp Inc. -- Prices and rates ,Mellon Financial Corp. -- Prices and rates -- Finance -- Mergers, acquisitions and divestments ,Chase Manhattan Corp. -- Mergers, acquisitions and divestments -- Finance ,Savings and loan associations -- Finance -- Prices and rates -- Mergers, acquisitions and divestments ,Mortgages -- Prices and rates ,Stocks -- Prices and rates ,Commercial banks -- Prices and rates ,Mortgages ,Company financing ,Company acquisition/merger ,Company pricing policy ,Banking, finance and accounting industries ,Business ,Economics - Abstract
Bank stocks continued their fall Thursday, pushed by government reports that could lead to higher interest rates. The government announced that unit labor costs rose at a 3.8% annual rate [...]
- Published
- 1999