The day after the Fed removes any remaining interest issues, futures are down and investors are now upset at the state of the economy.
These guys are more fickle and emotional than....
The S&P in the 800s and the DOW in the 8000s - can anybody see anything different. OK maybe it drops lower than 8s, but higher? If it does go higher, it sure is not staying there long.
Reuters: Stock futures fall as Fed enthusiasm wanes
Stock index futures pointed to a lower open on Wednesday as initial enthusiasm over the Federal Reserve's interest rate cut faded and investors focused on the dismal economic outlook.
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