It was one of the worst pre-July 4th holiday trading sessions in
the history of the stock markets. The Dow Jones Industrial Average
lost more than 223 points or 2.63% in what was a very broad based
decline. For a significant portion of the trading day all 30 of the
Dow components were in the negative. The technology heavy Nasdaq
lost nearly 50 points or 2.67% as well and the broadest measure
Date Published: Jul 03, 2009 - 1:22 am
Stock markets on Wednesday traded marginally higher before giving
up about half the gains heading into the close. The Dow Jones
Industrial Average closed up 57 points or 0.68% to close at
8504.06, the Standard and Poors 500 Index closed up just over 4
points or 0.44% to end the day at 923.33 and the Nasdaq day gained
10.68 points or 0.58% finishing the session at 1845.72. General
Mills, the
Date Published: Jul 02, 2009 - 1:06 am
The stock markets had a rough day on Tuesday, giving up virtually
all of the gains made on Monday. The Dow Jones Industrial Average
lost 82.38 points or almost one percent, the Nasdaq gave up 9
points or half a percent and the Standard and Poors 500 Index, the
broadest of the three, was down 7.91 points or 0.85 percent. The
Dow was actually in positive territory this morning until the
release
Date Published: Jun 30, 2009 - 10:11 pm
The summer doldrums are definitely here as the stock markets crept
upwards on Monday. The Dow Jones Industrial average had the largest
percentage gain of the three major averages rising 90.99 or 1.08%
points to close around 8529.38. The Nasdaq added 5.84 or 0.32% and
ended the day at 1844.06 and the S and P 500 Index finished up 8.33
or 0.91% settling at 927.23. The news of the day was unrelated
Date Published: Jun 30, 2009 - 2:38 am
The markets finished the week down slightly, with the Dow having
its second negative week in a row. The Dow opened the week at
around 8530 and thanks to a 34.01 point drop on Friday it finished
the week at 8438.39. Government data released this week showed
personal spending increased 0.3 percent in May along with personal
income rising 1.4 percent. However, the additional income was not
spent
Date Published: Jun 27, 2009 - 2:50 am
The Dow gave up 200.72 points or 2.35% the Nasdaq lost 61.28 points
or 3.35% and the S&P was off 28.19 points or 3.06%. While major
news sources are giving different excuses for the large sell off,
stocks simply did not have the economic data or earnings news that
would support trading at these high levels after several months of
relatively positive market moves.Todays losses were basically
Date Published: Jun 22, 2009 - 11:31 pm
The Dow, Nasdaq and S&P all started the day in positive
territory and finished significantly lower for the second day in a
row. The Dow closed at 8504.67 down 107.46 or 1.25%, the S&P
had an 11 point loss down to 911.97 with a similar percentage drop,
while the Nasdaq ended the day just below the 1800 level. A weaker
dollar, higher treasury yields, and higher gold were some factors
blamed for
Date Published: Jun 17, 2009 - 1:27 am
The markets traded marginally higher all day today and finished
with small gains on the three major indexes. The best news was the
follow through which although small, is considered a positive sign
after a big gain yesterday and steady increases over the past three
days. The S & P 500 finished up 1.87 to 944.74 its highest
level this year. The Dow and the Nasdaq finished up 19 and 8 points
Date Published: Jun 03, 2009 - 12:42 am
Welcome to the Asset Investing Blog on blogger.com. Here you can
find frequently updated market news and commentary on economic
events with a specific focus on the stock market. I also have blogs
with focuses on the foreign exchange currency markets, options and
futures discussion and banking and credit market blogs. I hope you
see some useful information that will help us all get through
Date Published: Jun 01, 2009 - 8:57 pm