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Tuesday, October 12, 2010

Closing Bell: Preparing for Earnings, With Bonds Closed (GYMB, ALXA, IBM, DLTR, CIT, POT)

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With bonds closed and banks closed, equities here in the U.S. had a hard time trying to decide which direction the wind was blowing. The DJIA 11,000 mark was flirted with again in afternoon trading, this time on the downside on what appears to have been a positive close. Some M&A was a help, but investors used today and will likely use tomorrow to determine how they want to be positioned as earnings season kicks off.



Here were today's unofficial closing levels:



Dow Jones 11,008.59 +2.11 (0.02%)

S&P 500 1,165.04 -0.11 (-0.01%)

Nasdaq 2,402.33 +0.42 (0.02%)



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Closing Bell: Preparing for Earnings, With Bonds Closed (GYMB, ALXA, IBM, DLTR, CIT, POT) originally appeared on BloggingStocks on Mon, 11 Oct 2010 16:30:00 EST. Please see our terms for use of feeds.

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