--- In FairfieldLife@yahoogroups.com, "authfriend" <[EMAIL PROTECTED]> wrote: > > --- In FairfieldLife@yahoogroups.com, new.morning <no_reply@> > wrote: > > > <snip> > > As you can see, a lot of people are snoozing this morning -- as > > markets decline. > > Actually the Dow went up this a.m., didn't start going > down again until this afternoon. As of this moment > (3:14 EST), it's lost all the gains (80-some points). > > According to AP: > > "Robust earnings growth at major oil companies lifted stocks through > most of the session, with Exxon Mobil Corp. posting the second- > highest profit ever reported by a public U.S. company and Royal Dutch > Shell PLC seeing a 40 percent jump in its income. > > "But the market returned to its recent trend of erratic trading as > traders grew anxious about the Commerce Department's GDP reading on > Friday. Stronger-than-expected economic growth could prompt the > Federal Reserve to keep raising interest rates, while a number below > forecasts could mean the economy is slowing quicker than expected; > the uncertainty prompted investors to pull out of stocks." > > You might also want to keep track of market analysis > from news reports. If forecasts turn out to be on > target tomorrow, stocks should go up again.
Meant to add: But these numbers will represent what was going on with the economy well before the course started. To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
