Financial Updates

Last week U.S. stock market moved with violent ups and downs but ended the week- & the month of August- with a quiet shrug.

Investors have spent 5 days mulling over shrinking payrolls, surprisingly poor results from GM (nyse: GM-news - people & an uptick in the price of oil. The Dow was down 0.5%, to 11,326 on the Friday end; the S&P 500 lost .6%, to 1,260; & the Nasdaq was off 0.6 %, to 2,311. For the whole week, the major averages were flat, as the S&P 500 gained 0.2 % & blue-chip measure lost 0.4 % and the Nasdaq was unmoved.

How far does this market fall? Lets hope for the best.

Source: Forbes News