So will it go down?
On 8/31/07, Dean Earwicker <dean.earwicker(*)gmail.com> wrote:
>
> This is not good for Monday. Not good at all. Oh well...
>
>
> Regards,
> DE
>
> http://www.reuters.com/article/marketsNews/idINL3174070420070831?rpc=44
>
> European shares pare gains on Bernanke comments
> Fri Aug 31, 2007 10:13AM EDT
>
>
> LONDON, Aug 31 (Reuters) - European shares pared gains on Friday after U.S.
> Federal Reserve Chairman Ben Bernanke failed to offer clear clues on the
> direction of interest rates.
>
> At 1408 GMT, the FTSEurofirst 300 (.FTEU3: Quote, Profile, Research) was
> up 1 percent at 1530.09 points, after rising briefly to 1, 537.98 points
> soon after Bernanke started speaking.
>
> Bernanke said that it was not the Fed's responsibility to protect lenders
> and investors from the consquences of their decisions.
>
> Across the Atlantic, U.S. stocks also gave up some gains, with the Dow
> Jones industrial average (.DJI: Quote, Profile, Research) up 0.6 percent,
> the Nasdaq (.IXIC: Quote, Profile, Research) up 0.9 percent and the S&P
> 500 (.SPX: Quote, Profile, Research) up 0.8 percent.
>
>
Received on Sat Sep 01 2007 - 04:13:27 EDT
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