Archive for May, 2012

DJIA Market Close for Thursday, May 31, 2012

The Dow closed down -26.41 (-0.21%) at 12,393.45. But it had to rally hard from 12,316.48 to get there. High for the day was 12,489.87. So we say goodbye to May and good riddance. It was not a good month for markets. This was also the worst month for the Dow since May of 2010 [...]

Market Happenings for Thursday, May 31, 2012

Premarket, futures are up. Gainers this morning include SPLS, DLTR, PCS, JDSU and ALTR while losers include JOY, KSS, FFIV and JWN. The Market A report on private sector hiring from payroll services firm ADP showed a gain of 133,000 jobs, less than the 157,000 gain forecast by economists. Also, the number of people filing [...]

DJIA Market Close for Wednesday, May 30, 2012

The Dow closed down -160.83 (-1.28%) at 12,419.86. Alcoa (AA), Caterpillar (CAT) and Chevron (CVX) were among the hardest hit as investors sold companies in economically-sensitive industries. Bank of America (BAC) was also under pressure, falling 3%. Meanwhile, some investors bought stocks that pay dividends and are considered defensive, such as Intel (INTC). Intel was [...]