Daily Investment Interpretations

December 23, 2010

2010-12-23 (Thursday Night): The markets took a breather today, ending mixed.  The NASDAQ Composite fell 5.88 points (-0.22%) to 2,665.60. The Dow rose 14 points (0.12%) to  11,573.49, while the S&P 500 backed up 2.07 points (-0.16%) to close at: 1,256.77. Oil set a new 2010 record at $91.41 a barrel, and Gold ended up a trifle at $1,379. The VIX advanced 1.04 to 16.49.  
    The news is negligible, and the markets are responding accordingly.
    Real GDP now at pre-recession levels  
    U.S. stocks face pullback predictions in January.
    In charts: Home sales, spending, inflation  
    The cruelest month  "What happens in January has an outsized effect on the rest of the year, writes Michael Sincere."