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Wednesday, December 1, 2010

Closing Bell: Stock Losses Becoming Normal, Again (BEZ, ABB, GLD, STX, DECK, BAC)

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The ups and downs and the panic monitoring of the European Union is getting tiresome. Now we know how European portfolio managers felt in late-2007 through early-2009 when the only news that mattered was U.S. banking woes. Consumer confidence was higher and regional business surveys showed an increase as well. That trumped lower housing prices today. Markets tried to come back again today but slid lower late in the day as few investors want the overnight risk.



Here were today's unofficial closing bell levels:



Dow Jones 11,006.02 -46.47 (-0.42%)

S&P 500 1,180.54 -7.22 (-0.61%)

Nasdaq 2,498.23 -26.99 (-1.07%)



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Continue reading Closing Bell: Stock Losses Becoming Normal, Again (BEZ, ABB, GLD, STX, DECK, BAC)

Closing Bell: Stock Losses Becoming Normal, Again (BEZ, ABB, GLD, STX, DECK, BAC) originally appeared on BloggingStocks on Tue, 30 Nov 2010 16:00:00 EST. Please see our terms for use of feeds.

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