Monday, September 24, 2007

Down Day for US Markets

Last week the market saw green for two whole days when the Federal Reserve. This week we say the hype involved in the rate cut start to cool down. The dollar is at an all time low against the British Pound Sterling and against the Euro. At closing today the Dow Jones Industrial Average lost 0.4 percent to finish at 13759.06 down 61.13. The S&P 500 lost 2667.95 down 3.27 percent, and the NASDAQ lost 0.53 finishing at 1517.73.

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