Executive Recap
December 18, 2008
Dollar posted 24-hour gains from Wednesday close of 3.2% against sterling, 2.3% against the yen, and 1.0% against the euro. Oil hit a low of $35.98 today, 10.2% lower than yesterday’s close. DJIA fell 2.5%. S&P 500 off 2.1%. Nasdaq down 1.7%. Trading volumes thinning ahead of the holidays. Chatter that Chinese central bank was [...]
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