U.S. stock futures drop on economy fears; AIG, Dell fall

U.S. stock futures drop on economy fears; AIG, Dell fall

ww w.marketwatch.com

MARKETWATCH FRONT PAGE
U.S. stock futures dropped on Friday on continued worries about a housing-triggered economic slump, as evidenced by American International Group’s multi-billion-dollar loss and by the soft U.S. corporate spending reported by Dell Inc. See full story.
AIG shares fall after firm loses $5.3 bln
SAN FRANCISCO (MarketWatch) -- Shares of American International Group fell in preopen trading Friday, weighing on the broader market after the company reported the biggest loss in its almost 90-year history including an $11 billion writedown of troubled mortgage securities. See full story.

(visit the link for the full news article)


Related News Links:
uk.reuters.com
www.guardian.co.uk
www.msnbc.msn.com

Is it time to start panicking? Oil is at all time highs, the dollar is at all time lows, consumer confidance is shot, Greenspan telling foreign companies to drop the dollar for the euro, Bernake saying the recession will last til 2011. It is not looking good these days.

My job isn't 100% secure, but I feel I can ride it out, but should I prepare for the worst here?

ww w.marketwatch.com
(visit the link for the full news article)

The stock market thing is a bit ridiculous right now, I mean whenever someone farts the stock market tanks. Someone spills some oil our gas prices soar. Something is very fishy about the stock market fluctuations here lately.