McDuck
Well-known member
08 FED 10
http://www.bloombergutv.com/stock-m...inancials-weigh-on-stocks-at-wall-street.html
http://www.bloombergutv.com/stock-m...inancials-weigh-on-stocks-at-wall-street.html
- DJI ended lower by 103.84 points at 9908.39. Dow closed below the 10,000 mark for the first time in three months today. Last week, it had slipped below that mark couple of times but had managed to end higher at the end.
- Nasdaq ended lower by 15.07 points at 2126.05.
- S&P 500 ended lower by 9.54 points at 1056.54.
- All ten economic sectors ended in the red today led by financial, industrials and materials sectors.
- Wall Street Journal reported that Federal Reserve Chairman Ben Bernanke will begin laying the groundwork for credit tightening later in the year, bringing to a close of historically low rates that have made it easier for ailing banks to book big profits.
- a Wall Street Journal report that Federal Reserve Chairman Ben Bernanke will begin laying the groundwork for credit tightening later in the year, bringing to a close of historically low rates that have made it easier for ailing banks to book big profits.
- gold for April delivery ended at $1,066.2 an ounce, higher by $13.4 (1.3%) an ounce on the New York Mercantile Exchange
