It is another bloodshed day for the stock markets again, which started on a positive note as traders still buying in after the massive sell yesterday. Such confidence slowly eroded as the oil pass $132. The traders are more or less awaiting for the Fed meetings which indicate that a cut in interest rates may not less likely. Together with predictions for a slower growth economy and higher unemployment, it finally was the straw that broke the camel back with the Dow Jones down sharply.
Down Drop 227.49
By Finance in Down Drop 227.49
May
21