Midday Market Check - Market Turns Lower, Freddie Mac and Countrywide Financial at New Lows

We head into the second half of the session with the market in negative territory amid buzz about losses in Freddie Mac (FRE) and Countrywide Financial Corporation CFC)…As the S&P 500 (SPX) intraday chart shows, selling pressure kicked in around 11 AM and has steadily pushed the index back lower…(Read More)

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Posted on November 21st, 2007 by
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