Daily Investment Interpretations
July 8, 2008
2008-7-8: The S&P 500 gained 21
points (1.7%) to 1,273.70 today as oil fell $10 a barrel from its Friday close
at $145 a barrel to today's close of $135 a barrel. The Dow climbed 152 points
to 11,384, while the Nasdaq rose 21.39 points to 2,294.44. If oil continues to
deflate, stocks may inflate.
The VIX fell to about 25.
Tune in tomorrow for the next exciting episode.