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PowerShares QQQ Trust, Ser 1 Message Board

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  • sputnick_again sputnick_again Dec 20, 2012 10:23 PM Flag

    after hours is really bad

    Asian shares slid on Friday, reversing earlier morning gains after a Republican proposal to fend off a U.S. fiscal crunch failed to get enough support, bringing the threat of a recession in the world's largest economy to the forefront.

    U.S. House of Representatives Republicans said on Thursday that House Speaker John Boehner's decision to pull the "fiscal cliff" legislation due to lack of votes left uncertain the future of negotiations to avert automatic spending cuts and tax increases in January.

 
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