Tuesday, 7 October 2008

Stocks In Focus For Tuesday

MarketWatch MarketWatch SAN FRANCISCO -- Among shares expected to see active trade in Tuesday's session are those of Alcoa Inc., Safeway Inc., and Yum Brands Inc.

Mittal elected World Steel Association chairman

London-based India-born billionaire Lakshmi Niwas Mittal has been elected chairman of the World Steel Association , which represents about 180 steel producers from across the globe.

Stocks, Oil Slide on Credit Crisis; Emerging Markets Drop Most in 20 Years

Stocks tumbled around the world, the euro fell the most against the yen since its debut and oil dropped below $90 a barrel as the yearlong credit market seizure caused bank bailouts to spread through Europe.