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Market Update : 
AMR, UPS and Goldman Down
Author: 123jump.com Staff
123jump.com
Last Update: 1:03 PM EDT April 09 2008


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U.S. stocks fell sharply in the morning trading after string of negative news. Crude oil surpassed $111 a barrel, UPS lowered its earnings estimates for the first quarter and Goldman Sachs reported higher level of level-3 assets and 35% decline in revenue at the end of the first quarter. American Airlines grounded 1,000 flights for inspections.

 

 

 
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