Market glossary
CURBS IN: Temporary restrictions on trading are in effect. Restrictions may be triggered by a large increase or decrease in the Dow Jones Industrial Average and are intended to decrease volatility. The curbs that kicked in Monday morning involved restrictions on certain types of computerized trading. A steeper decline could have led to a complete halt in trading for a half hour, an hour or for the rest of the day. Different rules apply at various times of the trading day.
Investors' fears fuel 7 percent decline
Stocks plunged Monday as frightened investors took advantage of their first chance to sell since terrorist attacks closed the U.S. financial markets last week.
US Airways to cut flight schedule, 11,000 jobs
WASHINGTON -- The grim news for the airline industry got worse Monday, prompting congressional leaders to step up efforts for a federal bailout that would include loan guarantees, tax breaks and billions of dollars in cash.
Bay area traders choose to sit tight
Call it patriotism or business sense, many individuals opted against unloading their stock portfolio Monday.
Fed joins fray, cuts interest rates again
Policymakers slice rates a half-point to help stabilize the market, but more may be needed.
Business Today
JULY INVENTORIES FALL: Businesses pared excess inventories in July for the sixth straight month, the Commerce Department reported, helped out by a solid gain in sales. Unsold goods on shelves fell by a seasonally adjusted 0.4 percent in July, following an even bigger 0.6 percent reduction the month before. At the same time, businesses' sales rose 0.4 percent, after having plunged by 1.5 percent in June. But some economists worried that stocks could pile up again if consumers, shaken by last week's attacks, close their pocketbooks.
Monday: A day unlike any other
NEW YORK -- Never before has a day in which the stock market tumbled 5 percent seemed like a good day. But Monday was a day unlike any other.
Advertising looking for its place in aftermath
Coverage of the terrorist attacks has attracted viewers and readers, but not companies pitching products.
A jittery Wall Street gets back to business
"This wasn't about making good trades. It was about going on," one trader said.
Discuss the markets
Helen Huntley, the Times' personal finance writer, will take questions online about investing in this time of uncertainty. Join her for this special chat at 1:30 p.m. today. Go to www.tampabay.com/chat.
