Daily Investment Interpretations
December 16, 2010
(Thursday Night): The
markets made up for yesterday's losses. The NASDAQ
Composite gained 20.09
to 2,637.31. The Dow rose 41.78
and the S&P 500 regained 7.64
to close at: 1,242.87. Oil closed at $87.85 a barrel,
and Gold ended down at $1,371. The VIX declined 0.56
There was more domestic good news today: U.S. initial jobless claims drop 3,000, and Philly Fed manufacturing survey climbs, not that you'd realize it from reading the news. Two of the three major indices made new two-year highs today.
Third-quarter current-account gap widens
Europe leaders face new crisis
Gold's high-wire act to continue
Cyclicals likely to dominate in U.S.
Emerging markets face inflation
More gains for Russia?