Daily Investment Interpretations
December 3, 2010
(Friday Night): The
markets eked out small gains for yet another day. The NASDAQ Composite
grew another 12.11
to 2,591.46. The Dow added 19.68
to close at 11,382.09,
and the S&P 500 rose 3.18
to end at 1,224.71. Oil increased to $89.94 a
and Gold climbed to $1,416. The VIX
The markets started the day in the lurch, with a bad jobs report, and with the official unemployment rate rising to 9.8%: Jobs data hit a low note. By day's end, dip buyers had moved in to bring the indices back into positive territory: The Fed, Quick Hit- Thank You Mr. Bernanke.
Other than this, there isn't a whole lot of news tonight. The markets are bumping against their resistance levels, or in the case of the NASDAQ, have broken through.