Wednesday, May 7, 2008

Stocks Finish at Session Low

"[BRIEFING.COM] After descending gradually during afternoon trading, the stock market made a sudden and precipitous drop to fall below the 1400-level. Buying interest returned momentarily in the final leg of trading, but proved unsustainable. All three of the major indices finished at their session low."


Full article source


Are tough times afoot in the US equities market? Financials also lead the spiral down. The dow lost about 200 points, sp500 25.69 points, and nasdaq at a whopping 44.82. Talk about ouch.


If prices get lower, they'll become bargains. If they go even lower, it might cause a panic!