Equity markets were weak today as the Dow Jones Industrial Average was down 151.44 to 12,505.76. U.S. treasuries were up; Gold closed up $7.60 to $1,548.80; and the dollar was up. There were no major economic reports today. The market is becoming increasingly concerned about the Euro-zone credit crisis as Italy’s debt issues are now [...]
Equity markets were slightly weaker today as the Dow Jones Industrial Average was down 12.90 to 12,569.87. U.S. treasuries were up; Gold closed up $30.10 to $1,512.70; and the dollar was up. The Commerce Department reported that U.S. factory orders increased 0.8% in May, slightly less than the expectation of a 1.0% increase. Even though [...]
Equity markets were stronger today as the Dow Jones Industrial Average was up 145.13 to 12,188.69. U.S. treasuries were down; Gold closed up $3.80 to $1,500.20; and the dollar was down. Greek lawmakers are supposed to vote tomorrow on their austerity plan that is required to secure additional bailout funds from the EU and the [...]
Equity markets were stronger today as the Dow Jones Industrial Average was up 128.21 to 12,569.79. U.S. treasuries were up; Gold closed down $0.05 to $1,536.80; and the dollar was down. The Euro was strong today based on new hopes for a second aid package for Greece. Equities were strong on this news and the [...]
Equity markets were weak today as the Dow Jones Industrial Average was down 130.78 to 12,381.26. U.S. treasuries were up; Gold closed up $6.50 to $1,515.40; and the dollar was up. There were no major economic reports out today. Additional concerns about Europe‚s ability to manage its sovereign debt load weighed on the equity markets [...]