Wednesday, February 27, 2008

Dow, S&P near flat after rally fades (Reuters)



Traders gather on the floor of the New York Stock Exchange Wednesday, Feb. 27. 2008. Wall Street advanced Wednesday after Federal Reserve Chairman Ben Bernanke said the central bank will remain vigilant should inflation accelerate but also would remain open to interest rate cuts to help the economy. (AP Photo/Richard Drew)Reuters - The Dow and S&P 500 ended little
changed on Wednesday after a rally fizzled when doubts emerged
that lifting investment caps on the two largest home financing
companies was enough to prevent deeper damage to the housing
market.




Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)