Closing Bell: As The Market Nears 11,000 (F, RIMM, AAPL)

Filed under: After the Bell, Apple Inc (AAPL), Ford Motor (F), Toyota Motor Corp. (TM), Research in Motion (RIMM), Economic Data, S and P 500, DJIA, NASDAQ

There was plenty of good news today, but the market barely kept its head above water. After a promising start, most of the indexes closed near the flat line. Most of the economic data was good. The ISM hit a six year high of 59.6% and weekly jobless claims fell by 6,000 to a seasonally adjusted 435,000.



Those two pieces of news were offset by an announcement from Challenger Gray that its research showed March job cuts. Inflation also began to be a bother, at least on paper. The ISM data showed higher prices where paid for raw goods bought by most manufacturers. Oil moved to $85.



Today's unofficial closing numbers:



Dow 10,927.07 +70.44 (0.65%)

S&P 500 1,178.10 +8.67 (0.74%)

Nasdaq 2,402.58 +4.62 (0.19%)

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Closing Bell: As The Market Nears 11,000 (F, RIMM, AAPL) originally appeared on BloggingStocks on Thu, 01 Apr 2010 16:20:00 EST. Please see our terms for use of feeds.

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