Closing Bell: Stocks Try to Hold Early Gains

Filed under: S and P 500, DJIA, NASDAQ

Positive earnings reports have pushed the major stock indexes to levels not seen in more than two years -- and today's market is continuing along the same path. Recent political unrest in Bahrain, Yemen, and Libya has not had an impact yet on equities, but there could be added political risk to the supply of oil from the Middle East. Oil prices are up above $87/barrel again, and gold is nearing $1,400/ounce again. Currency markets are bullish on the euro and the British pound, with the dollar giving up some power on expectations of interest rate hikes in both the UK and the Eurozone.



Here are the numbers for late afternoon trading today:



Dow Jones 12,391.25 +73.11 (0.59%)

S&P 500 1,343.01 +2.58 (0.19%)

Nasdaq 2,833.95 +2.37 (0.08%)

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Closing Bell: Stocks Try to Hold Early Gains originally appeared on BloggingStocks on Fri, 18 Feb 2011 16:20:00 EST. Please see our terms for use of feeds.

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