Senate Democrats Open NASDAQ, Stocks Fall

July

Here’s Senate Democrats ringing the opening bell at the NASDAQ this morning. They get an A for energy, but their enthusiasm did little to trigger a stock rally.

The Dow closed today at 11,100.54, down 128.48 points, or 1.1 percent. The NASDAQ closed down 18.77 points, or 0.8 percent, to 2,239.08.

This entry was posted on Friday, July 11th, 2008 at 5:39 pm by Joseph Spector.
You can follow any responses to this entry through the RSS 2.0 feed.
| Email This

One Response to “Senate Democrats Open NASDAQ, Stocks Fall”

the consultant July 12th, 2008 at 12:31 pm
taken from newsweek…
A month after emerging victorious from the bruising Democratic nominating contest, some of Barack Obama’s glow may be fading. In the latest NEWSWEEK Poll, the Illinois senator leads Republican nominee John McCain by just 3 percentage points, 44 percent to 41 percent. The statistical dead heat is a marked change from last month’s NEWSWEEK Poll, where Obama led McCain by 15 points, 51 percent to 36 percent.

Obama’s rapid drop comes at a strategically challenging moment for the Democratic candidate. Having vanquished Hillary Clinton in early June, Obama quickly went about repositioning himself for a general-election audience—an unpleasant task for any nominee emerging from the pander-heavy primary contests and particularly for a candidate who’d slogged through a vigorous primary challenge in most every contest from January until June. Obama’s reversal on FISA legislation, his support of faith-based initiatives and his decision to opt out of the campaign public-financing system left him open to charges he was a flip-flopper. In the new poll, 53 percent of voters (and 50 percent of former Hillary Clinton supporters) believe that Obama has changed his position on key issues in order to gain political advantage.

LOOKS LIKE OBAMA WILL PULL A DUKAKIS/KERRY
AHEAD OUT OF THE GATE…BUT BEHIND WHEN IT COUNTS
ON ELECTION DAY

It is a condition of your use of the comment features associated with the blogs that you do not: Use the site to post or transmit any unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane or indecent information of any kind, including without limitation any transmissions constituting or encouraging conduct that would constitute a criminal offense, give rise to civil liability or otherwise violate any local, state, national or international law. You alone are responsible for the material you post or send. Refer to the Terms of Service.