Pre-open:
The Libor jumped to 5.22% overnight, a disaster for many loans out there. NQ is testing last week's lows and ES is barely hanging on to the 1195 level. Bonds have a bid. The one positive is oil, falling sharply as the dollar gains against the Euro.
This is also the day Morgan Stanley chose fit to downgrade AAPL.
The Libor jumped to 5.22% overnight, a disaster for many loans out there. NQ is testing last week's lows and ES is barely hanging on to the 1195 level. Bonds have a bid. The one positive is oil, falling sharply as the dollar gains against the Euro.
This is also the day Morgan Stanley chose fit to downgrade AAPL.
This entry was posted
on Monday, September 29, 2008 at 9/29/2008 09:15:00 AM.
You can skip to the end and leave a response.
» Post a Comment