The Dow closed up +15.82 (+0.12%) at 12,965.69 and briefly hit 13,049 intraday. After todays inaction, it looks as if the Greek bailout is already priced in. Wal-mart’s earnings were a big drag today on the market and the Dow. The national price of gasoline rose to $3.59 per gallon. Kraft (KFT) net income for [...]
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DJIA / Market Close for Week Ending Friday, February 17, 2012
Posted by admin on February 18th, 2012
The Dow closed Friday up +46.02 (+0.36%) to close at 12,950.10 hitting an intraday high of 13,006.41. Briefly breaching the 13,000 mark. The last time the Dow saw 13,000 was May 20, 20008. The Dow’s lowest close since May 2008 came on March 9, 2009, closing at 6,547.05. DJIA is up +97.80% since that low [...]
DJIA / Market Close for Thursday, February 16, 2012
Posted by admin on February 16th, 2012
The Dow gained +123.13 (+0.96%) to close at 12,904.08. The Nasdaq, S&P 500, Russell 2000 and Gold all closed higher. Investors sent stocks to their highest levels of the year today, buoyed by bits of encouraging news about jobs and housing. At least for a day, investors overlooked the lack of clarity about Greece’s marathon [...]
DJIA / Market Close for Wednesday, February 15, 2012
Posted by admin on February 15th, 2012
The Dow closed down -97.33 (-0.76%) at 12,780.95. This is the Dow’s worst day of 2012. The Nasdaq, S&P 500 and Russell 2000 were also down today. Apple (AAPL) also closed below $500 (at $497.67) after just closing above it for the first time this week on Monday. Today, 5 of the 30 Dow component [...]
DJIA / Market Close for Week Ending Tuesday, February 14, 2012
Posted by admin on February 14th, 2012
The Dow closed up +4.24 (+0.03%) to close at 12,878.28 after being down -90 points an hour earlier. The rebound came after reports said Antonis Samaras, who leads Greece’s conservative New Democracy party, will deliver a “letter of commitment” to euro area officials Wednesday. Nasdaq was up while the S&P 500 and Russell 2000 were [...]
DJIA / Market Close for Week Ending Monday, February 13, 2012
Posted by admin on February 13th, 2012
The Dow gained+72.81 (+0.57%) to close at 12,874.04. The Nasdaq, S&P 500 and Russell 2000 all grose today. Greece is still on the map and still has problems. Obama unveiled a record $3.8 trillion election-year budget plan Monday, calling for stimulus-like spending on roads and schools along with tax hikes on the wealthy to help [...]
DJIA / Market Close for Week Ending Friday, February 10, 2012
Posted by admin on February 10th, 2012
The Dow lost -89.23 (-0.69%) to close at 12,801.23. The only Dow component with a gain today was Home Depot (HD). However I see it has lost that gain plus somee in after-hours trade. So HD, KO, WMT, KFT, DIS and PG were the best performing Dow components this day, and as I said, HD [...]
DJIA / Market Close for Thursday, February 09, 2012
Posted by admin on February 9th, 2012
The Dow gained +6.51 (+0.05%) to close at 12,890.46. The Nasdaq and S&P 500 were up a bit while the Russell 2000 was down today. Greek political parties have finally reached an agreement on austerity measures, which was presented to euro-area finance ministers and marked the first step toward securing a €130 billion bailout from [...]
DJIA / Market Close for Wednesday, February 08, 2012
Posted by admin on February 8th, 2012
The Dow gained +5.75 (+0.04%) to close at 12,883.95. Nasdaq, S&P 500 and Russell 2000 all closed higher (a bit). Cisco Systems Inc. (CSCO) closed higher, delivering their earnings report and guidance after the close. The company earned 47 cents per share, topping analysts’ expectations, on sales of $11.5 billion. After the close notable stocks [...]
DJIA / Market Close for Tuesday, February 07, 2012
Posted by admin on February 7th, 2012
The Dow gained 33.07 (+0.26%) to close at 12,878.20. Guess what? Greek progress is postponed. Again! In Athens more than 20,000 protesters marched through the Greek capital and unions called for a general strike. Without new debt deals, Greece will face a disastrous default in late March. Leading Dow stock gainers today were MCD and [...]
