Tuesday, October 21, 2008

US STOCKS Market drops on recession, profit worries

U.S. stocks were loosing value on Tuesday as recession fears fueled a sell-off in commodity-related companies like Exxon Mobil Corp.

Also the earnings reports and outlooks sparked caution.

At the time of this writing all of the major indexes were down, however they well showing sign of heading to positive territory maybe later today.

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