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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: TimF who wrote (60199)2/26/2009 7:00:41 PM
From: tonto3 Recommendations   of 224750
 
A lot of people on Wall Street took a look at the Obama administration's $3.6 trillion budget outline today and weren't happy.

As a result, a nice rally, built on strength in Europe, vanished.

The Dow Jones industrials, which had been up as much as 132 points at 11 a.m. ET, closed down about 89 points to 7,182. The Standard & Poor's 500 Index was off 12 points to 753. The Nasdaq Composite Index was down 34 points to 1,391.

The Dow's loss was its eighth in the past 10 sessions and the ninth in 10 sessions for the S&P 500 and the Nasdaq.
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