Daily Investment Interpretations

June 1, 2011

2011-6-1 (Wednesday Night): The markets crashed today, losing more than they gained yesterday on fears of slowing economy: Growth fears spur wipeout, U.S. stocks slammed by downbeat data. The NASDAQ Composite lost 66.11 points (-2.33%) to close at 2,769.19. The Dow shed 279.65 points (-2.22%) to close at 12,290.14, while the S&P 500 posted a loss of 30.65 points (-2.28%) to close at 1,314.55. Oil closed down at $99.70; Gold climbed to $1,541. The VIX leaped 2.85 to 18.30.   
    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.