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Article: FirstAlert(tm) Daily 9/24: Down On Recovery.
- Article from:
- Investrend
- Article date:
- September 24, 2009
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Sep 24, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/09/24/firstalerttm-daily-924-down-on-recovery/)
- Commentary -
September 24, 2009 (FinancialWire) (By Philip Holmes) -- Stocks ended down on Wednesday following a two-day meeting of the Fed's open market committee summarized with words of optimism about economic recovery, but unchanged interest rate targets. Also, it's time to feel sympathy for workers at Indian outsourcing giants like Wipro (NYSE: WIT).
The Dow Jones industrial average lost 81.32 points on the trading day, to end at 9,748.55. The Standard & Poor's 500-stock index shed 10.79 ...