How the Dow Jones industrials fared Monday (AP)

Posted by admin on March 10, 2009 under News | Be the First to Comment

How the Dow Jones industrials fared Monday (AP)

Bernard Madoff leaves US Federal Court after a hearing regarding his bail on January 14, 2009 in New York. An international alliance of lawyers representing victims of alleged Wall Street fraudster Bernard Madoff was to meet Monday in New York as expectations grew that the disgraced financier will plead guilty.(AFP/File/Timothy A. Clary)AP – Investors fixated on the faltering economy Monday brushed off the type of merger news that normally starts rallies. Uneasiness about the economy eclipsed a bounce in troubled financial stocks as well as news of a merger between drugmakers Merck & Co. and Schering-Plough Corp. Stocks rose in the early going but turned lower in a now familiar pattern where short-lived bursts of optimism give way to concerns about the country’s economic woes.


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