Wednesday, October 17, 2007
...and Down Some More!!
Stocks suffered on Tuesday on continued poor earnings and record high oil prices. The Dow ended the session with a loss of 71.86 points to close at 13,912.94. The SPX gave up 10.18 points to close at 1,538.53. We are in the green and looking good with two days to go.
Keeping it brief Ericson had poor results as did Wells Fargo. Bernanke said some not pleasant comments about the housing sector. And oil hit an intraday high of $88 a barrel. All this caused the markets to tank again....hooray!
Until next time.
Keeping it brief Ericson had poor results as did Wells Fargo. Bernanke said some not pleasant comments about the housing sector. And oil hit an intraday high of $88 a barrel. All this caused the markets to tank again....hooray!
Until next time.
# posted by Paul @ 9:14 AM 
