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Monday, April 19, 2010

Market Update

US fell last Friday, market focus on Goldman Sachs's suit:

Goldman Sachs Group Inc. was warned nine months ago that Securities and Exchange Commission staff wanted to bring a civil case against it, but the investment bank didn't specifically disclose this to investors in regulatory filings, Bloomberg News reported Saturday, citing unidentified people it credited with direct knowledge of the communications.

Another woes to the market is the Air Travel affected byIceland's volcanic ash, Which will have a big impact on SIA.

Dow dropped 126 pts to near its 11019 last friday, Local Benchmark STI retraced too, the next level for 2980 then 2950.

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