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Article: FirstAlert(tm) Daily 8/18: Fear And Loweing.
- Article from:
- Investrend
- Article date:
- August 18, 2009
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Aug 18, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/08/18/firstalerttm-daily-818-fear-and-loweing/)
- Commentary -
August 18, 2009 (FinancialWire) (By Philip Holmes) -- Stocks ended lower on Monday as investors weighed the good and the bad, and went with the bad. Good news on manufacturing and housing was offset by the failure of several more banks and a lousy report from home improvement retailer Lowe's (NYSE: LOW).
The Dow Jones industrial average ended the trading session at 9,135.34, down by 186.06 points, while the Standard & Poor's 500-stock index lost 24.36 points to close at 979.73. ...