US stocks see red flags heading into new year
Monday, 31 December 2007
NEW YORK, Dec 30 (AFP): US stocks enter a new year this week on a cautious note, as investors face rising concerns about the economy and a raft of economic data, including the important monthly employment report.
Wall Street rapidly pulled the plug on the traditional year- end market rally.
Even during the Christmas holiday-shortened week, investors were beset by the demons that have haunted them for several months.
Wall Street rapidly pulled the plug on the traditional year- end market rally.
Even during the Christmas holiday-shortened week, investors were beset by the demons that have haunted them for several months.