Wall St. declares victory

[chadtm80]

NEW YORK (CNN/Money) - Bombs keep falling, shots keep ringing. The briefings from Central Command and the Pentagon continue. On the front pages of newspapers it's still war, war, war.

The war is over.
http://money.cnn.com/2003/04/08/markets ... /index.htm

[wx247]

I like good news. Thanks for sharing!

[Arizwx]

Let's hope fickle Wall St can actually sustain a decent rally..then a rebound.I fear a few things.The War is NOT over..therefore,the news reports can change the complextion of the situation.Secondly,bargain hunters will back off when prices become inflated.Third,Greenspan may come in with some news on deficits on War spending,and react to a percieved notion that we need an adjustment on Interest Rates(up).If that happens,kiss the rally goodbye.

[Guest]

I think this is just another hill that we will add to the valley and peaks we have been experiencing on Wall Street the last several years.

But I do hope the OIL PRICES stay lower.

Patricia

[chadtm80]

Not what i was expecting thats for sure... Dow in the posative at 11am by 10, but was in the negative all a.m.

[Guest]

Yep noticed that Chad - but the war is long way from being over with.....I think another 3 to 5 weeks of fighting IMO.

PMH

[chadtm80]

Concern overtakes stocks

Investors clutch their wallets, mulling possible death of Hussein, domestic economic worries.
April 8, 2003: 11:38 AM EDT
By Meghan Collins and Malina Poshtova Zang, CNN/Money Staff Writers


NEW YORK (CNN/Money) - Stocks trended lower in morning trading Tuesday as optimism that U.S. forces may have taken out Iraqi leader Saddam Hussein was muted by concern over human casualties and domestic worries

http://money.cnn.com/2003/04/08/markets ... /index.htm

[chadtm80]

According to preliminary results, the Dow Jones industrial average (down 1.49 to 8298.92, Charts), the Nasdaq composite (down 6.57 to 1382.94, Charts), and the S&P 500 index (down 1.64 to 878.29, Charts) all ended in negative territory