Daily Investment Interpretations
March 4, 2010
The markets advanced today. The NASDAQ Composite ended up at 11.63
to close at 2,292.31, the Dow added 47.38
close at 10,444.14, and the S&P 500 climbed
to close at 1,122.97. Oil closed up at $80.62 a barrel. Gold
slipped to $1,134. The VIX
The news? U.S. jobless claims fall, halting run of advances, Productivity picks up pace, 30-year fixed-rate mortgage back below 5%, and U.S. factory orders rise 1.7% in January. Of course, the news wasn't all peaches and cream. There was also Monster's online employment index on the rise, and Pending home sales fall 7.6% in January.
Stock market futures are slightly positive tonight. Meanwhile, the China Halter Index has turned up, and the China and Emerging Markets Report recommends buying back into Chinese stocks.