S&P, Nasdaq dip as housing plan fails to cut fear (Reuters)

A trader works on the floor of the New York Stock Exchange, February 18, 2009. (Brendan McDermid/Reuters)Reuters – The S&P 500 and Nasdaq closed marginally lower on Wednesday as President Barack Obama’s $275 billion plan to prop up the housing market failed to stem worries about the economy, and bleak housing data highlighted the deepening recession.

Leave a Reply