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Reply #9: Something else is weaker, too. Me. Fighting off the flu so I'm going back to bed [View All]

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Roland99 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 05:47 AM
Response to Reply #7
9. Something else is weaker, too. Me. Fighting off the flu so I'm going back to bed
:P


U.S. stock futures slip on Northern Rock, Greenspan comments
http://www.investors.com/breakingnews.asp?journalid=60168908&brk=1

LONDON (MarketWatch) - U.S. stock futures were pointing to a sharp decline on Monday, with comments from ex-Federal Reserve Chairman Alan Greenspan and continued trouble at U.K. lender Northern Rock adding to pessimism a day before a key U.S. interest-rate decision.

S&P 500 futures dropped 11.3 points at 1,486.70 and Nasdaq 100 futures declined 12.25 points at 2,012.75. Dow industrial futures slipped 67 points.

U.S. stocks closed Friday with a minor gain, with the Dow industrials adding 17 points, the Nasdaq Composite rising a point and the S&P 500 up a fraction of a point.

Former Federal Reserve Chairman Alan Greenspan told "60 Minutes" in an interview that the outlook for the U.S. economy is "pretty gloomy" and said it's unclear whether current financial market turmoil will have a deep, lasting impact on the economy.


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