Financial Outlook for 8/20/15

Despite a dovish report from the feds, global growth concerns & plunging oil prices sent wallstreet down sharply-the dow lost 1 percent or 162.5 points while the Nasdaq fell over 40 points & the S&P was down over 17 points..

 

Stocks of local interest…….were sharply lower with wex, inc leading the way plummeting 4.6% to 94..gannet was off nearly 2.5% to 13.18 a share..ameritradee fell back  2.2% to 34.93..intel & unum both lost 2% of their value to fall to 28.36 & 35.55 a share..fairchild semiconductor closed down 1.6% at 13.95 & bank of America was off 1.3% at 17.46..& wal-mart also dropped 1.3% to finish at 68.57 a share……..