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Friday, July 11, 2008

Another Rough Week

Another rough week for the market. With war drums beating for Iran, new highs in oil, and fears over upcoming bank and financial failures, you don't have to look very far to understand why the market still remains under pressure.

S&P 500

For the week, the Dow lost -1.67%, the S&P 500 -1.85%, Nasdaq -0.28%, while the Russell 2000 gained +1.38%.

Next week promises to be a busy one (especially as another bank bites the dust) and the second quarter earnings reporting season begins. Have a great weekend and get plenty of rest ahead of next week.

Posted by Kirk at 9:27 PM in After Hours | Bookmark | Feeds | Link |


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