Today was really about watching the oil ticker and seeing crude break down under the $124.00 mark. OPEC's president said in the right circumstances that oil could go back under $80.00. Median home prices fell almost 16% in May. The US's failed trade talks with China at the W.T.O. hardly mattered. It even looked like people on Wall Street were in a good mood today as the dollar hit a monthly high. After a near $3.00 drop to under $122.00 you have to wonder.... Can gasoline hit $3 again this year?
Here are today's unofficial closing bell levels:
DJIA 11,395.12 (+264.04)
S&P500 1262. 94 (+28.57)
NASDAQ 2319.62 (+55.40)
10-YR T-NOTE 4.044% (+0.026%)
52-WEEK LOWS
Top Analyst Upgrades
Top Analyst Downgrades
Kraft Foods Inc. (NYSE: KFT) saw another gain of 2% to $31.45 in the final minutes after yesterday's earnings gains. But the key to today's move besides the market was massive stock options trading.
Here are today's unofficial closing bell levels:
DJIA 11,395.12 (+264.04)
S&P500 1262. 94 (+28.57)
NASDAQ 2319.62 (+55.40)
10-YR T-NOTE 4.044% (+0.026%)
52-WEEK LOWS
Top Analyst Upgrades
Top Analyst Downgrades
Kraft Foods Inc. (NYSE: KFT) saw another gain of 2% to $31.45 in the final minutes after yesterday's earnings gains. But the key to today's move besides the market was massive stock options trading.
Waiting for the other shoe to drop: The looming credit crisis
Closing Bell: Dow down 7.7%; GE, YHOO, MS fall, PGI, MNT soar
Bet on T&A with J&J (JNJ)
