|
The analysts also noted the continued signs of sluggishness in the U.S. economy, a cooling off of China's previously red-hot growth, and infighting over Europe's heavy debt burden. They predicted that the S&P could fall to 1,285, which would be about 5 percent below Wednesday's closing price. "The market," they wrote, "will need to confront a deteriorating growth picture near term."
[Associated Press; By CHRISTINA REXRODE]
Copyright 2012 The Associated
Press. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries
Community |
Perspectives
|
Law & Courts |
Leisure Time
|
Spiritual Life |
Health & Fitness |
Teen Scene
Calendar
|
Letters to the Editor