5 November 2008

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Market Snapshot: U.S. stocks retreat as economic troubles come back in focus
from MarketWatch.com - Top Stories
U.S. stocks opened lower on Wednesday, stepping back from the largest Election Day gains in more than two decades, as investors looked beyond President-elect Barack Obama’s historic win to the dismal state of the economy.

1 comment:

Anonymous said...

AIG is now being placed under further credit watch by our S&P...main reason they are facing real difficulties in selling of their subsidiaries. Potential buyers are just standing watching perhaps happily squeezing our friend into further submission...that is sell them dirt cheap. I wonder how will the S&P rates them...when they successfully sell off their life subsidiaries?? It is the these core assets that are holding the group intact at A-.....