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Bill Cunningham
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Bill Cunningham
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The Stock Market is reacting positively to the news of Egyptian President Hosni Mubarak stepping down. KBND financial analyst Troy Reinhart says the market reacted quickly to the news: “Markets were selling off this morning. They were down, the S & P was down 6 points on news of Mubarak stepping down. Investors were confused and worried about the news. But within 15 minutes, the Markets turned around and were up 5 to 6 points. The equity markets are happy about what's going on.” After weeks of government protests, Mubarak’s resignation clears up uncertainty about escalating tensions in the country.

 

 

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