Posts Tagged ‘consumer business’

Dow Breaks Below 7,000 as Future Drop

Monday, March 2, 2009 7:39 2 Comments

Futures for the Dow Jones Industrial Average are down sharply indicating an opening of 6,918, the lowest level in 12 years.
News of a massive loss from AIG, and the  announcement that  HSBC  will pull out of the US consumer lending business is weighing in on the market. HSBC reported a 70% drop in profits [...]

This was posted under category: Dow Jones Industrial Average, Stock Market Tags: , , , , , , , , ,
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