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Thursday, December 31 2009  |  02:57 EDT  | 
DJIA (DIA) S&P 500 (SPY)

Market Currents

Thursday, November 5, 2009
10:08 AM TweetThis
  • Buying strength carries through early on, with major indexes now back around their post-FOMC highs, before a last minute selloff took the wind out of what would otherwise have been a strong up day. DJIA +1.4% to 9936. S&P +1.2% to 1059. Nasdaq +1.7% at 2091. Dec. crude -0.7% to $79.85. Gold +0.25% at $1,090. Treasurys are flat, as is the dollar.

This news story has 4 comments:

  •  
    GS shut down their machines later...another crash....
    Nov 05 10:10 AM | Link | Reply
  •  
    Yet again, the short term memory (see: "irrational exuberance") of this market is astounding. The downside fall will be twice as furious.
    Nov 05 10:13 AM | Link | Reply
  •  
    This is hilarious - thank god these guys aren't plying with my money
    Nov 05 10:26 AM | Link | Reply
  •  
    RELAX!!! Everything is just fine...

    that's why starting today, you can sign over THE DEED TO YOUR HOUSE to the gov't and rent it back from them. Tell me WHY this "new program" has been released NOW??? The only reason must be because the financial system CANNOT HANDLE the future wave of foreclosures that a stubborn 10% level of unemployment will cause.

    Remember, those stress tests were only good for 10.3% unemployment. We are actually already past that, it's just a convenient reporting glitch that enables the govt to report 9.9%.
    Nov 05 10:31 AM | Link | Reply
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