Mid-Day Recap: Pessimism Hits Markets, Stocks Extend Losses

Mid-Day Recap: Pessimism Hits Markets, Stocks Extend Losses http://www.mortgagenewsdaily.com/07082009_mid_day_recap.aspStock markets have been quite volatile this morning: the major indexes managed to stay positive in the first ninety minutes of trading but at 11 am all three indexes fell off a cliff. The Nasdaq has dropped 0.49% to 1737, the S&P 500 has shed 0.40enCommunityServer 2008 SP2 (Build: 31106.96)re: Mid-Day Recap: Pessimism Hits Markets, Stocks Extend Losses http://www.mortgagenewsdaily.com/07082009_mid_day_recap.asp#90351Wed, 08 Jul 2009 16:23:30 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:90351Clifford HufnagleYey. Not rejoicing in bad news, bad news is always bad, even if it's beneficial to some, but moreso the fact that reality has finally sunk in to those that make moves.<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=90351" width="1" height="1">