In the last few weeks, there was a high fluctuation in the US Stock market. It went down to the lowest 10, 800 early last week and picked up in the later part of the week. But it is not going to be steady growth as there is a big challenge ahead for them. There is continuous lay off in private sector and less or no recruitment in government, it is going to fall further.
The European market fluctuations, adds fuel to the US economic problem. This may lead the DOW value go bel0w 10.000 mark or even 9,000 mark.
In the recent past most of the companies stocks gone down by 15-20% even though they have been performing exceptionally good in the last quarter. This is a great indication that the tough times ahead for US.
Saravanan
No comments:
Post a Comment