Independent, Fee-Only Financial Advisor
Tuesday, December 04, 2007
Another cut in sight?
All 3 major indexes finished in the red for a second straight day as the credit crunch seemed to be the main topic on Wall Street again. Investment giants took a hit today and it quickly rippled into other financials. Policy makers have lately hinted that rate cuts are a strong possibility but we will have to wait and see. On a better note, crude-oil futures fell 99 cents to settle at $88.32 a barrel. DJIA -65.84 Nasdaq -17.30 S&P 500 -9.63
Posted by Jeremy Stringer