Wall Street finished down ahead of holiday

http://www.msnbc.msn.com/id/3683270/

As the Wall Street finishing down ahead of Valentine’s Day, the Investors’ intentions are quite clear now. They are not ready to commit to stocks until the Government unveils its plan and commit to it. White House has already passed a $787 billion economic stimulus bill. However, Obama is still to outline steps to stem home foreclosures, which he is scheduled to disclose on the coming Wednesday.

As of now, we know nothing much about the $787 billion economic stimulus bill. Investors are still in doubt whether the plan will be effective enough to revive the economy. So, the Wall Street finishing down on Friday is not a big surprise. Though the Walla Street looks focused but the investors are concerned about an array of uncertainties. If they don’t want to take any risk by investing in stocks at the moment, it’s quite understandable.