Forex News: Stocks Dip As Beige Book Paints Lackluster Economic Picture – U.S. Commentary
July 29th, 2010 Posted in Market CommentsStocks posted notable losses on Wednesday, as the Federal Reserve’s Beige Book showed some signs of a stalling economic recovery and the Commerce Department reported an unexpected drop in durable goods orders. The markets fell on the news, which continued to call into question the veracity of an economic rebound in the absence of government stimulus.
Sorry, comments for this entry are closed at this time.