Last week was a tough week on Wall Street: [Thanks L!]
After huge swings in either direction, the Dow Jones industrial average finished last week down 4.06 percent, and the Standard & Poor’s ended down 3.71 percent.
The Nasdaq composite index was hit the hardest last week, as investors’ optimism vanished about the technology sector being isolated from the slowing economy and problems in the financial markets. The Nasdaq ended the week down 6.49 percent.
Meanwhile, gold lifted further above $800 an ounce to its highest levels since 1980, and crude-oil briefly breached $98 a barrel, as the dollar plunged.
And this week?
As Oc-Ed illustrates for us- we could be looking at stormy weather:
So what else should we be looking at? As always we welcome your links, thoughts, stories and ideas.
As always, this thread’s for you!
