New Year Count down started in Wall Street

Thebullishtrends: US stocks fluctuated in Fridays trading the choppy weak trading closed in volatality. Infact stocks rallied in the morning hours based on the reports of possible asset sales in the financial services sector. But later stocks prices fell down following reports of realty sector, it stated that a steep decline in the number of new homes sold in November'07. Market sources are expecting more housing data on Monday.

US Markets will be closed on Tuesday for the New Year's holiday. Trading in Friday is very low due to no. of traders are on vacation. Oil prices fell down on Friday. Shares of Citigroup rose in the opening session but lost 1 percent in the closing session. As per reports Billionire Warren Buffet is preparing to enter the bond insurance business. Market breadth was mixed.

DOW closed with a loss of 32 points at 13,427 level. NASDAQ closed with a 6 points loss at 2,125 points leve, and S&P closed with a small loss of 4 points at 1,485 level.