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US Stock Indexes closed mixed today on a report of slowing consumer spending and a decrease in consumer sentiment to 1980 levels. The DJIA closed down -7.90 to 12638.32, the S&P 500 rose +2.12 to 1400.38 and the Nasdaq added +14.34 to 2522.66.
US indexes closed up across the board on better than expected trade data when a 0.9% gain in gross domestic product beat estimates of 0.6%. The DJIA added +52.19 ending at 12646.22, the Nasdaq climbed +21.63 to 2508.32 and the S&P 500 climbed +7.42 to 1398.26.
Remember when the Dow Jones was only at 28.48? Probably not. Here’s a little brush-up on the history of America’s largest and most volatile stock exchange.
Stock Indexes traded mixed and erratically until a late day surge, led by energy shares, pushed the major indexes into positive territory.
Hedging your home is more than just a great way to get some privacy from your neighbors. See how you can use options and futures to hedge your home investment and protect it from further depreciation.
US Stock Indices bounced back from last week’s losses with the DJIA adding +68.72 to 12548.35, the S&P500 bouncing +9.42 to 1385.35, and the NASDAQ climbs to +36.56 to 2481.23 due to home sales posting an unexpected increase and dropping oil prices.
Oil seems to be the new major market driver. As its price continues to skyrocket, major industries are showing symptoms of strain. But, could oil finally be done climbing?
Stocks were up today, but the news wasn’t so good for Ford as it reported that the price of gas and steel has forced its projected break-even earnings date to be later than previously anticipated.
In 1987, just 8 weeks after hitting a market high, the stock market crashed. Should we be bracing for another crash?