Markets had an off day due to poor earnings by American Express and bad news from Wachovia
Markets had an off day due to poor earnings by American Express and bad news from Wachovia. Wachovia is no longer in wholesale mortgage lending. It was a poor news day. As a result the Dow Jones Industrial Average fell 29 points down .25 percent for the day. The Nasdaq fell 3.25 points down .14 percent for the day.
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