Tough Day

Several financial stocks were downgraded. Concern about this sector weighed heavily on markets today, with all indexes dropping more than 3%. Oil bumped over $140 a barrel as we head into the July 4th weekend. It seemed like all bad news, except we received word that home sales had increased 2%. When will all the bad news on the financials clear out of the market? Stay tuned! DJIA -358.41 NASDAQ -79.89 S&P 500 -38.82