Wednesday, March 11, 2009

Wall Street Still Moves Higher Today

U.S. stock markets are still trying to extend the rally that occurred yesterday. The market has triggered by a letter from Citigroup Chief Excecutive Vikram Pandit to his employees saying that Citigroup posted its operating profit in the first two months of 2009.

During this bad period, Citigroup has lost so much money and took billions aid from the government. So because of that news, the investors optimist this first quarter might not be as bad as expected.

However, on the other side, the investors are still worry about world economy as China reported that its February export have fell sharply.


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