11. And while most of the stocks are still ahead for the year, many analysts are warning of a steep decline that could rattle the wider market. 12. Around the same time, the American auto industry blamed its steep decline on Japanese carmakers, oil prices and regulators. 13. Asian investors worry that steep declines in the U.S. market could cut the flow of investment into equity markets from Manila to Tokyo. 14. Bank stocks, which had also done well for most of the quarter, also experienced steep declines when interest rates rose to new highs. 15. Bank officials, led by Hans Tietmeyer, the chairman, had been unhappy about the steep decline of the German mark versus the dollar during the last year. 16. Banks also continued their steep decline, as Korea announced even more bank closures there. 17. Because they buy shares that are already moving up rapidly and sell during steep declines, momentum players tend to exaggerate price swings in both directions. 18. Before the season began, Bloomberg predicted that ABC would improve its overall ratings after several seasons of steep declines. 19. Both stocks are rebounding from steep declines on Monday. 20. A recent report by the Federal Reserve Bank of San Francisco noted steep declines in retail sales in border districts. |