The Richest Woman in the World: How Gina Rinehart Earns her Billions
Why Dell Will Never Be Great AgainIf you wanted to look for the blame-game on why stocks listed lower most of the day, you could blame pending home sales at lows, higher oil prices, and even the FOMC minutes hinting at recession without saying "recession." We also saw the White House say it couldn't endorse the current structure of the proposed housing bill.
The truth is, Wall Street and Main Street are also coming to grips with the fact that we are about to get earnings (and guidance) from companies that we can only hope is mixed. Otherwise we just have to hope for "less-bad" news. Get ready for the legacy airline sector's low P/E and low Price to Book values to disappear completely. Below are the unofficial closing bell index prices:
The truth is, Wall Street and Main Street are also coming to grips with the fact that we are about to get earnings (and guidance) from companies that we can only hope is mixed. Otherwise we just have to hope for "less-bad" news. Get ready for the legacy airline sector's low P/E and low Price to Book values to disappear completely. Below are the unofficial closing bell index prices:
- Dow 12,576.44 (-35.99; -0.29%)
- S&P 500 1,365.54 (-7.00; -0.51%)
- NASDAQ 2,348.76 (-16.07; -0.68%)
- 10YR-TBond 3.558% (+0.002%)
- Full 52-week lows.
- See Top 10 Pre-Market Analyst Calls.
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