"[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."
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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!
Wednesday, May 7, 2008
Stocks Finish at Session Low
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Market update
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