Wall Street seen opening lower on credit worries (Reuters)

By Pete Southern in Uncategorized | September 17, 2007 13:17 |

A sign over the floor of the New York Stock Exchange August 16, 2007. Stock index futures pointed to a weaker opening on Monday, with trading expected to be light as corporate and economic data calendars suggest thin newsflow ahead of Tuesday's Fed monetary policy decision. (Brendan McDermid/Reuters)Reuters – Stock futures pointed to a lower open on Monday as embattled British bank Northern Rock's troubles mounted, adding to global credit concerns before an expected U.S. interest rate cut this week.


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Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



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