Business: Wall Street's Winners and Losers

Double killing for foreigners, double whammy for speculators

The little guy is still highly cautious. Small investors are sitting anxiously on their cash until it becomes clearer that Wall Street's buying panic is more than just a flash. But this has done nothing to stem the three-week-old rally as foreign investors continue to join large U.S. institutions in leaping on the bull.

Last week the surge continued. The Dow Jones industrials rose 24 points on the first three trading days, then dropped 10 points on fears of tight money, but made up all that loss on Friday. The Dow closed...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!