Friday was another sell off for the market, as investors continue to show fear ahead of a plan out of Washington on how to reverse the current recession that seems to be deepening with each passing day.
The DOW was down 1.04% today, the NASDAQ traded 0.5% lower, and the S&P dropped another 1.0% in today's trading.
For the week, the DOW dropped a total of 5.2%, and is sitting at lows ...Market Update – Markets close the week on a sour note
Posted On Friday, 13 Feb 2009 By Michael. Under After the Bell, Bad News, Congress, Economy, Foreclosures, Housing, Market Updates, Politics, Recession Tags: DOW, Foreclosures, Housing, NASDAQ, Obama, S&P, stimulus, wall street
Friday was another sell off for the market, as investors continue to show fear ahead of a plan out of Washington on how to reverse the current recession that seems to be deepening with each passing day.
The DOW was down 1.04% today, the NASDAQ traded 0.5% lower, and the S&P dropped another 1.0% in today's trading.
For the week, the DOW dropped a total of 5.2%, and is sitting at lows ...Premarket look: Market poised for lower start to kick off February
Posted On Monday, 02 Feb 2009 By Michael. Under Before the Bell, Congress, Consumer Experience, Economy, Market Updates Tags: consumer spending, Economy, premarket, stimulus, Trading
Taking a look at futures trading this morning indicates that the market is going to get off to a tough start for the trading day of February.
Investors continue to express concern that the stimulus package that was recently passed in the House is not going to get passed when the Senate gets its chance to vote on the new plan. There is still a good deal of concern over what ...
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