Full in Bloom Full in Bloom Music Interviews Features Music Fibits Directory NEW to Fibits Day Trending Day Trender Submit News
Members Login
Post Info TOPIC: Stocks Up on Monday Morning Trading
TW


Learning to Fly

Status: Offline
Posts: 49
Date: Aug 3 09:00:25 2009
Stocks Up on Monday Morning Trading


Stocks continued their rally on early Monday (August 3rd) morning trading.  The Dow Jones is up almost 80 points, up to 9,250, while the S&P jumped nearly ten points to 996.  The Nasdaq is up more than twenty points to 2,000. 

The dollar index and treasuries were down, however, gold and oil futures were on the rise on the latest higher price commodity forecast.

Recently, Fed Chairman Alan Greenspan said he thought the economy had already bottomed out, attributing industry weekly production figures being up as good indicators.  Greenspan's main concerns were over the stabilization of home prices, saying that the economy could take another turn for the worse, if home prices begin to plummet again.



-- Edited by TW on Monday 3rd of August 2009 09:00:41 AM

__________________

Colorado Springs Homes
Colorado Springs Condos

Page 1 of 1  sorted by
Quick Reply

Please log in to post quick replies.

Post to Digg Post to Del.icio.us


La Jolla Complexes - La Jolla Homes
Colorado Springs Homes for Sale