Us Stocks Fall Amid Banking Concerns

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Uncle Sam is finally trying to get the auto industry bailout bill finished. However, just as we're thinking we might see some closure for this subject, we convey more surprise variables ingested.



Rising oil prices put weigh on consumer discretionary stocks which led the decliners of waking time. The dollar fell 7.4% to 83.61 Japanese yen. The dollar index also hit its lowest level in eight months. Within the T & K Futures president Michael K. Smith, the dollar is lower and has been much money out there chasing the safe-havens of silver and gold.

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Visa on Wednesday reported fiscal third-quarter net wages of $1 billion, or $1.43 per Class A common share, up from $716 million, or 97 cents per share, a year ago.

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The following companies possibly be playing "beat the number" on Friday, with the release of their quarterly earnings reports: Bank of America (BAC), Knoll (KNL), Mattel (MAT) and Webster Financial (WBS). All the best!

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