U.S Market watch

Posted by | September 21, 2006 | World | No Comments

Everything seems to be on a high rise as far as the stock market is concerned. The major boost came after FedEx, decision to hold on to their rates for the second consecutive month. As far as the tech. World is concerned it looks like there are more mergers, that could affect the stocks, but in the right manner. Example is Facebook.com has decided to offer itself to Yahoo to a price that could be as close as $1 billion. This could provide a rise as far as Yahoo stocks are concerned.

As far as reports from wall streets are concerned it looks like the labour market in the U.S. is very concerning, unemployment seems to be on the rise and can very well touch 318,000 late this month. This could very well affect the growth factor of the economy.

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