Day On Wall Street
Nov 15, 2007 was a bad day on Wall Street with the Dow finished at a loss of 120. Here some of the high lights of the Day.
Many sectors fared very badly with stocks dropping very commonly 3%. This includes:
The Financial
The retail
The oil and gas
The material and mining
The air lines
The home builders and construction.
The Dow performance this year is up meager 5%
The Dow stands at about 13,000 is down from 14,000 month ago.
The weakness of Dollar, rising oil prices and losses in mortgage sector all adds to the Dow trouble.
Further decline will be out of the ordinary.
Many sectors fared very badly with stocks dropping very commonly 3%. This includes:
The Financial
The retail
The oil and gas
The material and mining
The air lines
The home builders and construction.
The Dow performance this year is up meager 5%
The Dow stands at about 13,000 is down from 14,000 month ago.
The weakness of Dollar, rising oil prices and losses in mortgage sector all adds to the Dow trouble.
Further decline will be out of the ordinary.
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