Saturday, February 28, 2009

S&P 500 defense index falls after Obama's Iraq speech

http://www.star-telegram.com/business/story/1230381.html

The stocks of companies in the S&P 500 aerospace and defense index fell Friday after President Barack Obama promised to pull out all of the U.S. combat troops from Iraq by August 2010.  The S&P 500 aerospace and defense index fell 3.7 percent to 215.54. That's down more than the S&P 500, which declined 2.4 percent.