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Today was just another negative day at the office after yesterday. It felt as though we were trying to hold on when we saw a four day winning streak, but in this market it seems we constantly get reminded that good news is a brief thing.

Today's GDP was worse than a 3% drop year over year, but the economists were looking for worse than 5%. Everyone is fixated on the "bad bank" hopes, and it seems that realities will trump hopes in the end. So things still went from soft to ugly over the course of the day. Here are today's unofficial closing bell levels:

Dow 8,000.94 -148.07 (-1.82%)
S&P 500 825.90 -19.24 (-2.28%)
Nasdaq 1,476.42 -31.42 (-2.08%)

Top Analyst Upgrades
Top Analyst Downgrades

Continue reading Closing Bell: DJIA challenges 8,000, again ...

Closing Bell: DJIA challenges 8,000, again ... originally appeared on BloggingStocks on Fri, 30 Jan 2009 16:05:00 EST. Please see our terms for use of feeds.

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