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bank of greece posts

Closing Bell: Europe Still a Drag on the Market (C, ALU, MSFT, GENZ, AIG, IRE, NBG, BPOP)

Posted May 24th 2010 4:00PM by Jon Ogg (RSS feed)
Filed under: Citigroup Inc. (C), Amer Intl Group (AIG), Alcatel-LucentADS (ALU), Genzyme (GENZ)

Today was one of the days where the only way to know where it would really end up was to have a crystal ball or time machine with a 4:00 PM destination. The only real data was existing home sales, and the overseas markets offered enough continued weakness and uncertainty that the news flow almost did not even matter. The three major stock indexes all spent at least some time in positive territory despite the woes of the day.

Here were the unofficial closing bell levels:

Dow 10,066.57 -126.82 (-1.24%)
S&P 500 1,073.63 -14.06 (-1.29%)
Nasdaq 2,213.55 -15.49 (-0.69%)

Top Analyst Calls

Continue reading Closing Bell: Europe Still a Drag on the Market (C, ALU, MSFT, GENZ, AIG, IRE, NBG, BPOP)

Closing Bell: Blaming Those Greeks (BP, ANN, NBG, GS, CAL, UAUA, AAPL)

Posted May 4th 2010 4:20PM by Jon Ogg (RSS feed)
Filed under: Apple Inc (AAPL), Goldman Sachs Group (GS), BP p.l.c. ADS (BP)

Blame the Greeks... Why should today be any different? The fear is that the Greek debt crisis is ready to spread. You have heard it before, and you will continue to hear it again. Maybe this is just the excuse the bears needed to take control. Suddenly, the VIX was back above 25 for the first time since February.

Here were today's closing bell levels:

Dow 10,926.77 -225.06 (-2.02%)
S&P 500 1,173.60 -28.66 (-2.38%)
Nasdaq 2,424.25 -74.49 (-2.98%)

Top Analyst Calls

Continue reading Closing Bell: Blaming Those Greeks (BP, ANN, NBG, GS, CAL, UAUA, AAPL)