The No Snooze News

Ok, Just Kidding About Wall Street

June 25, 2008 · Leave a Comment

Everything’s coming up roses for investors this morning! Go team! Yesterday, CNN reported slipping stocks on Wall Street and a new report on US consumer confidence as waivering, however, today things are looking up for men in dark suits. Today, Wall Street saw the Dow rise by 0.42% and Nasdaq by 1.5%. The price of our fave street-corner dirty girl, light, sweet crude, fell from $4.17 to $132.83 on NY’s Mercantile Exchange. Another point helping Wall Street is that those hot messes at the US Federal Reserve decided to hold rates. Investors are saying thank you and crossing their fingers for a little hike in the skirts of the Fed, to show some sexy leg, in the near future.

Source: Yahoo! News

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