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Closing Bell: Dow plunges amid grim economic news; AIG, CIEN, LM, TEX decline, WMT gains

 Sep 04, 2008 04:25 PM UTC
Return Risk
+0.00% N/A
Tracked Blogger
Symbol Sentiment Start Return Closed
CIEN n/a
WMT n/a
AIG n/a

Graphic_arrow1 Via BloggingStocks:  

Filed under: After the bell, Wal-Mart (WMT), Market matters, Ciena Corp (CIEN), Amer Intl Group (AIG)

Today could be blamed on many issues. No ECB rate cut, oil confusion, weak economic data, and more. But this is looking like wholesale de-leveraging across the board amid new credit concerns and tightening standards. Want to see what a bubble popping in commodities looks like? The sad part is that there are very few spots to hide out in, which is perhaps more symptomatic of a bear market. Here are the unofficial closing bell levels:
DJIA 11,185.63 (-347.25)
S&P500 1236.76 (-38.22)
NASDAQ 2259.04 (-74.69)
10YR T-Note 3.643% (-0.054%)
52-week lows
Top Analyst Upgrades
Top Analyst Downgrades

American International Group, Inc. (NYSE: AIG) may be testing out the waters to see how Wall Street reacts. There are reports that the insurance giant may spin-off its bad assets into a n...




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ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 19.61 +43.19% 177
2 18.26 +42.29% 57
3 16.35 +17.71% 7
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5 13.77 +16.71% 40


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