Friday, February 29, 2008

A Disappointing Session, But Not All Bad

The market was lower today on comments from Bernanke as well as disappointing economic data. But growth stocks held up reasonably well, and GOOG and AAPL were actually able to buck the weakness and go up for once.4Q GDP was left unrevised at 0.6% this morning. Many were hoping for some positive revisions that showed growth a bit stronger than first forecast, but there were no revisions.Bernanke spoke for a second day in front of Congress, and said that he though there might be some banks that fail, bu[...]

Read More...

[Source: The Money Blogs]

No comments:

Post a Comment