A tame CPI and a slightly better University of Michigan sentiment reading failed to greatly enthuse investors despite the crummy week we saw. A hawkish Fed president Hoenig out calling for higher rates might not have helped. We also never got that GM IPO Filing that was supposed to come. This was a day that honestly felt like the red or green signal for the markets were not certain until the bitter end. Here were today's unofficial closing bell levels:
Dow Jones 10,303.15 -16.80 (-0.16%)
S&P 500 1,079.25 -4.36 (-0.40%)
Nasdaq 2,173.48 -16.79 (-0.77%)
Closing Bell: Bears Barely Win on Friday the 13th (ADSK, LLY, JWN, NVDA, RMBS, PDLI, UNCA, IBM) originally appeared on BloggingStocks on Fri, 13 Aug 2010 16:00:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Comments
IBM - BloggingStocks - Michigan - NASDAQ - Dow Jones & Company
Full story at http://www.pheedcontent.com/click.phdo?i=57d85dde0e2841d7badca75584fd4cc1
Posts
No comments:
Post a Comment