Archive for June, 2012

EU Strikes Deal and US Markets Pop – DJIA Up +2.2%

U.S. markets soared Friday, with all three indexes closing out the first half of 2012 up more than 5%. The Nasdaq managed to get double-digit gains. A deal Thursday among European leaders to help struggling eurozone banks buoyed global markets Friday, easing investors’ fears over the viability of the eurozone. The Dow had one losing [...]

Market Happenings for Friday, June 29, 2012

Premarket, futures are up on European Union deal. Gainers this morning include STZ (+17.65%), MS, WLP, ACN, PHM while losers include NKE (-10.49%), YUM, F, THC and COH. The Market At the two-day European Union summit in Brussels, European Union leaders struck a deal early Friday to ease the recapitalization of struggling banks, which should [...]

DJIA Market Close for Thursday, June 28, 2012

The Dow closed down -24.75 (-0.20%) at 12,602.26, moving substantially of its lows. The Dow had 13 winning stock components today, coupled with 1 unchanged and 16 losers. Winners were led by CVX (+0.87%), KFT, T, PG, CAT, VZ, MRK and GE. Losers were led by JPM, UTX, CSCO, INTC, MSFT, IBM, HPQ and WMT. [...]