As Jonathan Weisman reported in The Times, "the annual midsession review from the White House Office of Management and Budget was largely in line with a recent forecast from the Congressional Budget Office.
Wall Street dealers said the 13.6percentt midsession decline on the Nasdaq index set off a rush into Treasuries just as dealers were scrambling to find securities after the Federal Reserve reportedly bought nearly $10 billion in bills and notes for the Bank of Japan.
In his frustration, Mr. Traficant stalked around the courtroom, glowered at the judge, and when one request was rejected, abandoned the courtroom in midsession, slamming the door behind him.
In overseas markets, Japanese shares ended slightly lower and European shares were solidly in the red around midsession as the market prepared for a negative opening on Wall Street.
The first episode opens midsession, with the cops trying to convince the rest of the group that they're not, you know, a couple.
European shares are also deeply in the red around midsession as investors anxiously await the opening of trading in the U.S. Bad… but no bloodbath.
Japanese stocks tumbled overnight amid concerns about the stronger yen and weak corporate profits, and European shares are mostly in the red in midsession trading as investors anxiously await the opening bell on Wall Street.
Around midsession the Dow is down 47.12 to 8964.13, while the broader gauge Standard & Poors 500 Index sheds 3.83 to 1132.04.
Opening only marginally lower, the Dow Jones Industrial Average saw its losses accelerate, and around midsession the 30 Industrials have shed 99.90 points to 8909.29.
Around midsession, the Dow Jones Industrial Average is up 149.33 to 9330.76, the S&P 500 has tacked on 17.29 to 1246.52, while the Nasdaq Composite Index has edged up 37.73 to 2230.42.
