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Friday, November 14, 2008

Yo yo Dow

Markets at close today:
S.&P. 500 closed at 873.29, 38.00 (4.17%) down
Dow (DJIA) closed at 8,497.31, 337.94 (3.82%)down
Nasdaq closed at 1,516.85, 79.85 (5.00%) down

Retail sales (what retails sales..?) October sales were down 2.8 percent from September 2008, and 4.1 percent from October 2007. Ouch! That will hurt our consumption/debt-fueled economy.

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