My twitter Updates
Another losing session on Wall St.
Tuesday, June 26, 2007

The Dow Jones industrial (down 8.21 to 13,352.05) average fell about 8 points after having been up 100 points or more earlier.
Stocks rallied in the morning, but gains evaporated following reports that investment bank Bear Stearns may have to bail out a second hedge fund, according to a Merrill Lynch analyst. On Friday, Bear Stearns said it would provide up to $3.2 billion in financing for a struggling hedge fund it manages, which is heavily weighted with subprime debt.

Whoops, wrong graph... that's President George Bush's job approval rating. :P Haha... Bush's anemic rating is a sign Republicans are abandoning him, NBC News said. It represents a six-point drop from Bush's approval rating when the poll was last conducted in April.
Labels: ivan