XJO 0.84% 8,295.1 s&p/asx 200

going down bec. Traders say the Australian market is reacting to...

  1. 1,204 Posts.
    going down bec.

    Traders say the Australian market is reacting to news that U.S. mortgage provider Freddie Mac will slash its dividend and raise US$6 billion in equity to meet regulatory capital requirements, threatened by the credit crunch.

    But the DOW could go down today and the SAX follows tommorrow !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 
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