Today started out as one of those positive days again as the investment climate appeared to be getting better. Then the unemployment data came out, and frankly it wasn't really as bad as one would expect. But shortly after 10:00 AM, we saw profit takers come into the market. In fact, even oil traders ran oil up after shorts covered after a good week of selling Texas Tea; oil closed up $3.82 at $116.34.
Below are the unofficial closing levels for major US index levels:
Below are the unofficial closing levels for major US index levels:
- DJIA 13,051.36 (+41.36; +0.32%)
- S&P500 1,413.96 (+4.62; +0.33%)
- NASDAQ 2,476.14 (-4.57; -0.18%)
- 10YR-TBond 3.845% (+0.096)
Lehman screws workers out of severance payments
No Cramer, now is not the time to panic!
Memo to Washington: Start 100 new banks
