Tuesday, October 14, 2008

10/14/08- Market Slips Again

10/14/08-Tuesday: The Dow was down today 76.62 to close at 9,310.99 while the S&P 500 lost 5.34 to close at 998.01. NASDAQ was down 65.24 to close at 1,779.01. Oil dropped $2.88 per barrel to close at $78.80 while the Ten Year Treasury Note was down 1.53 to close at 99.44 pushing the yield to 4.07%. The dollar lost .00557 against the Euro so that one Euro will buy $US 1.36575. The market is still uncertain about whether the international steps to shore up worldwide credit markets will have the desired effects. That's it for today from Atlanta.