Daily Investment Interpretations
June 1, 2011
(Wednesday Night): The
markets crashed today, losing more than they gained yesterday on fears
of slowing economy: Growth fears spur wipeout,
stocks slammed by downbeat data. The NASDAQ Composite lost
to close at 2,769.19. The Dow shed 279.65
at 12,290.14, while the S&P 500 posted a
loss of 30.65
to close at 1,314.55. Oil closed down at $99.70; Gold
climbed to $1,541. The VIX leaped 2.85
Whether to jump ship as QE2's end approaches
Moody's cuts Greece rating; outlook negative.
Why housing is in a depression
Mark Hulbert has two articles tonight: Think again before going tech, and Rebuild the wall.
Market futures are up a little tonight.