Stocks Rally, Oil Drops, Jobs’ Surgery
Stocks staged a late day rally surging into positive territory on renewed hope of the Senate vote to use the remaining bail out funds. Oil dipped near 5 year lows as OPEC decreased its demand forecast. On the high tech front, Apple’s future was called into question when news hit of Steve Job’s ailing health. Potentially forcing him into surgery to remove his pancreas. The DJIA closed up +12.35 to 8212.49, the Nasdaq climbed +22.20 to 1511.84 and the broad based S&P 500 added +1.12 to 843.74.
Apple
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Red Robin Burgers
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Ecolab
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Cypress Bioscience
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Oil fell $1.88 to $34.85, gold climbed $1.50 to $807.30 and the VIX added 3.79 % to 51.00.
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