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Closing Bell: Bulls starting to lose confidence? (AIG, BBI, GM, MSFT, JAVA)

Today was another selling day in the markets, yet we again saw a late day comeback off the lows. It seems that the buyers are still there looking for bargains. The FOMC minutes did little, and the drop in consumer credit late today made very little impact. Either way, it feels like the bulls are starting to lose confidence ahead of the earnings deluge and ahead of what many expect to be the worst GDP quarter in years. Here were today's unofficial closing bell levels:

Dow 7,789.56 -186.29 (-2.34%)
S&P 500 815.55 -19.93 (-2.39%)
Nasdaq 1,561.61 -45.10 (-2.81%)

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Continue reading Closing Bell: Bulls starting to lose confidence? (AIG, BBI, GM, MSFT, JAVA)

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IndexesChangePrice
DJIA+33.6012,529.75
NASDAQ-10.742,839.38
S&P 500+1.821,320.68

Last updated: May 25, 2012: 07:14 AM

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