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Pastimes : Ask Mohan about the Market

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To: John Hunt who wrote (16717)10/8/1998 9:05:00 AM
From: Wren  Read Replies (1) of 18056
 
Today looks bad. Abby cuts her expected earnings targets for both 1998 and 1999. She now expects 1998 earnings to be 5% over 1997, and 1999 to be 7% over 1998.

S&P futures are currently down 24.00

House votes on impeachment

Europe down sharply - looks like an average of almost 4%

Japan down almost 8%
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