Wednesday, May 27, 2009

Nikkei Opens Lower On Thursday

The DOW dropped 173 and the S&P dropped 17 today.
...as rising yields on U.S. government debt fueled concern that businesses and consumers could face higher borrowing costs, which could hamper an economic recovery. source

"In general, we are at a point in the marketplace where it's going to take a big catalyst to get us moving upward again..." source
There is the sense that the market has hit a plateau for a while. If we can only keep going sideways. I think another drastic dip is going to take the last remnants of heart away, but we will survive.

Reuters: Nikkei slips in choppy trade
...on fears about the U.S. economy...

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