亦诗的博客
Nothing Now
Weather is hot and sunny in here.
and Today is 9/11.
Stocks slipped in quite Friday after the recent string of gains and a drop in oil prices.
Even with the losses, stocks still logged big gains for the week.
The forecast from FedEx is a rosier profit which is important because its delivery business is seen as an indicator of how healthy the economy is. Investors track demand at the industrial companies because rising orders would be one of the first signal that the economy is strengthening.
Separately, the Commerce Department reported that sales at the wholesale level rose in July by the biggest amount in more than a year , even thought inventories fell for a record 11th straight month.
The Dow Jones industrial average fell 22.07, or 0.2 percent, to 9605.41. The broader Standard & Poor’s 500 index fell 1.41, or 0.1 percent, to 1042.73, and the Nasdaq composite index fell 3.12, or 0.2 percent, to 2080.90.
