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- Are big bets by speculators driving up oil? Experts disagree
  Posted by marcuscrockett2 from USA Today
  What is causing the steep rise in oil prices? Well...it's complicated.
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- Computer glitch causes Dow Jones industrial average to fall faster than normal
  Posted by Kathy from USA Today
  The Dow says its computers were swamped with so many trades that they couldn't keep up -- the delay, supposedly, exacerbated the sell-off that accompanied the Chinese market plunge.
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- Stocks drop amid concerns over technology
  Posted by Jeff from MSNBC
  Dow records biggest one-day drop since Nov. 27; economic worry weighs.
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- Selling stampede shuts Tokyo stock market
  Posted by Jeff from MSNBC
  "Livedoor, a favorite of small investors, was raided by prosecutors on Monday. The firm is suspected of fudging financial reports and spreading false information to boost its share price. News of the raid extended a sell-off that has wiped out more than $300 billion in shareholder value -- about equal to the gross domestic product of Sweden -- in just three days." Could this precipitate a drying up of Asian funders for the U.S. deficit? That would spur interest rates and recession.
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- Wall Street finishes at fresh four-year highs
  Posted by bugeats from MSNBC
  Wow, wall street is disconnect from the social reality for the poor.
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Jeff comments on:
Computer glitch causes Dow Jones industrial average to fall faster than normal

It could be the Ceylons working on our recession … but I think days like this happen. It’s been quite a run up so far this year.

Long term investors should be most worried about the deficit and the costs of the war…unless they own Haliburton.

Reply »
6:36 pm 2/27/07
Kathy comments on:
Computer glitch causes Dow Jones industrial average to fall faster than normal

Although the Chinese market fell further … US markets were not immune.

The Dow ended the day down 3.29 percent. Standard and Poor`s 500 stock index fell 3.47 percent, its biggest drop in 3.5 years.

AP says it is the worst day for the stock market since 9-11-2001.

Reply »
3:48 pm 2/27/07

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marcuscrockett2
Member since Sep 2008
Founder and President of Appreciating Assets, LLC and wealth media site that provides news, inspiration and education about wealth building.
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