Consumers, ETFs Hurt While Oil, Gas Companies Win
Posted on November 02, 2008 at 19:00 PM EST
While the markets have seemed relatively calm in recent days, consumer confidence has taken a wallop. In October, it suffered its sharpest monthly drop on record, reports Chris Reese for Reuters. The reading plunged from 70.3 in September to 57.6 this month. It’s slightly below the 57.8 economists had expected. Oil prices are continuing their gyrations, dropping ...