Stocks Set To Open Lower On Oil Slide

Posted on 04. Feb, 2010 by Founder in Blog

Stocks are set to open lower after Oil slide over night. I guess worries about the economic recovery — especially the job market — hung over investors. The government’s weekly report on initial jobless claims already came out and the number of newly laid-off workers filing initial claims for jobless benefits rose unexpectedly last week, evidence that layoffs are continuing and jobs remain scarce. Should be in a lower day all around here traders.

Comments are closed.