Daily Investment Interpretations

December 28, 2009

2009-12-28: After falling most of the day, the indices began climbing during the last two hours of trading. The NASDAQ Composite crept up 5.39 points, (0.24%) to close at 2,291.08, the Dow rose 26.98 points (0.26%) to close at 10,547.08, and the S&P 500 eased upward 1.3 points (0.12%) to 1,127.78. Oil climbed to $78.71 a barrel. Gold climbed $2 to $1,108. The VIX rose 0.45 to  19.92. 
  
The dollar fell today, which probably helped boost the markets. Otherwise, I don't see anything of any consequence in the news. The market has been up now for six days in a row, so a "down day" wouldn't be surprising.
   Here's one intriguing article: Room for the rally to run?.