Here’s what you … might … need to know to start the day… to understand the gyrations in the RegMed universe’s market! It might provide food for thought … and portfolio awareness.
US stock index futures pointed to a sharply lower open on Wall Street Thursday after the Federal Reserve warned of significant risks to the struggling economy and as data showed a further contraction in China’s manufacturing sector. European stock markets fell sharply on Thursday, 9/22/11 which warns of sharper risks to its economic outlook. US stock market futures pointed to steep losses. The MSCI All-Country World Index retreated 2.5%. S&P’s 500 Index futures slid 25.9 while DOW futures slid -227.00 and S&P futures are down -25.90. Asian shares fell sharply Thursday, with investors reacting badly to the Fed’s policy decision and downbeat view on economic growth.
The RegMed universe is twisting <I now hate that word – no more jokes> in the wind – as 10 stocks that were up – during yesterday – only 2 closed positive – Cytori (CYTX and Fibrocell (OTC BB: FCSC)! How does our universe spur demand – NEWS!