The U.S currency is already down and the sub-prime mortage is also becoming a more serious issue these days. The U.S stocks futures is also not doing well in the market. If we look at yesterday’s market of U.S stocks, there is a decline in the values of the shares. Standard and Poor's 500 Index futures fell by 3 points and the Nasdaq-100 also lost 3.50 points. The unemployment rate is increase day by day. Investors are concerned about the job market. Crude oil declined on concern an economic slowdown may cut demand in the U.S., the world's biggest energy consumer.
It is expected that the U.S economy will cope up by the time of Christmas and its not becoming a loss leader.
No comments:
Post a Comment