Daily Investment Interpretations

December 29, 2009

2009-12-29: The market indices fell a trifle today. The NASDAQ Composite declined 2.68 points, (-0.12%) to close at 2,288.40, the Dow eased down 1.67 points (-0.12%) to close at 10,545.41, and the S&P 500 slipped 1.58 points (-0.14%) to 1,126.20. Oil was unchanged at $78.72 a barrel. Gold fell $10 to $1,098. The VIX rose 0.08 to 20.01. 
  
The Case-Shiller home price index was flat in October after dropping the two previous months. Consumer confidence rose again, though not as much as analysts had been predicting.
    The markets are certainly due for at least a moderate retrenchment.