Mid-Day Market Recap: Stocks in the Red Despite Housing Data

by devteam July 17th, 2009 | Share


Markets are in the red on Friday as investors snatch profits after four days of rapid gains. Earnings reports from Citigroup and Bank of America were better than expected, but the former was boosted by its sale of Smith Barney, and the latter was lifted from selling its large stake in a Chinese bank â€

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Steven A Feinberg (@CPAsteve) of Appletree Business Services LLC, is a PASBA member accountant located in Londonderry, New Hampshire.

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