Wall Street Opens Up
December 10th, 2008 by YoungWall Street Opens Up!
It seems that Wall Street will open higher in hopes that Congress will bailout the automakers. Sources close to the deal say that it could be a done deal today with President Bush signing off on it. This just shows how tough things are on Wall Street. Just news of any changes for the good can move the markets by huge percentages. And investors seem to be looking past the latest report on wholesale inventories, which dropped by 1.1 percent in October. I guess investors are looking at any good news, even if it comes has a bailout package. But reality will set in later on in the day and the markets will drop, happens every day.
