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US Stocks Down Ahead Of Data; Credit Spreads Widen

NEW YORK (Dow Jones)–U.S. stocks fell at the open in sympathy with overseas markets, as the dollar’s continued weakness buoyed commodities and credit spreads widened. Markets now await the Institute for Supply Management’s manufacturing survey at 10 a.m. EST, which is expected to signal a slowdown after reports from the New York and Philadelphia regions showed February contractions. Similarly, on [...]

This entry was posted on Monday, March 3rd, 2008 at 10:42 am and is filed under Dollar Investment. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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