next week is make or break in usa, page-31

Pretty profit taking Friday...... looks like we might see lot's of bargains here on Monday


Dow 11,922.72 -140.37 (-1.16%)

Nasdaq 2,432.88 -29.18 (-1.19%)


Stocks have opened in dismal fashion. Nine of the ten major economic sectors are showing losses, five of which are down 1.0% or more. Financials are the worst offender, down 2.5%.

Carlos Fernandez, chairman and CEO of Mexican brewer Grupo Modelo, has resigned from the board of Anheuser-Busch (BUD 61.28, +0.23). Anheuser-Busch had approached Grupo Modelo in the past as part of an effort to rebuff InBev's buyout offer for Anheuser-Busch. However, a report from Dow Jones indicated the Busch family sees more than a 50% chance that a deal between InBev and Anheuser-Busch will be reached.DJ30 -107.23 NASDAQ -27.62 SP500 -12.39 NASDAQ Adv/Vol/Dec 612/373 mln/1567 NYSE Adv/Vol/Dec 854/464 mln/2043