Wall Street Opens Lower, Waits for Senate Vote

After gaining back about half of Monday's big losses yesterday, the stock market opened lower this morning. Right now, the Dow and S&P 500 are down almost 2% (Dow is down 200 points), as investors wait for the Senate to vote on a modified bailout plan today--and GE's profit estimates were cut. Still, data from ADP says the US cut only 8,000 jobs last month--a "surprisingly low" figure.

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By Jen Chung in News on October 1, 2008 10:17 AM

Comments [rss]

WesleySnipesAlot

Perhaps Sir George can put things in to perspective:

http://www.youtube.com/watch?v=dy4Tg_uR_Bg

tingo

It's disgusting that the bill needs to be 'sweetened.' That's not governing, that's bribery and used car dealer tactics.

Just like happens in Europe all the time, we need a complete change of leadership. Both parties - out. There should also be a cap on how much they can make. Why are all of so-called our leaders multi-millionaires?