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Closing Bell: Bulls above bears in food chain (GM, F, CSCO, C, TRV, BVTI)

Posted Jun 1st 2009 4:00PM by Jon Ogg (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Cisco Systems (CSCO), Ford Motor (F), General Motors (GM), Citigroup Inc. (C), Analyst Initiations, Economic Data, DJIA, Travelers Companies Inc. (TRV)

Today was one of those magical days where no bad news could get in the way and all good news was viewed as the leader. Despite there now having already been 1 million foreclosures in 2009, the direction of personal income and spending was in the right direction while a revival was seen in manufacturing and construction. The DJIA was also challenging its 200-Day Moving Average, but that is after the S&P 500 Index crossed its 200-Day Moving Average. Here were today's unofficial closing bell levels:

Dow 8,721.36 +221.03 (2.60%)
S&P 500 942.87 +23.73 (2.58%)
Nasdaq 1,828.68 +54.35 (3.06%)

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Continue reading Closing Bell: Bulls above bears in food chain (GM, F, CSCO, C, TRV, BVTI)

Symbol Lookup
IndexesChangePrice
DJIA+72.8112,874.04
NASDAQ+27.512,931.39
S&P 500+9.131,351.77

Last updated: February 13, 2012: 05:59 PM

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