Navigate Yoozpaper

Yoozpaper Front Page
The Yoozpaper
Yoozer Profile
Profile
Shared Paper
Shared Paper
Create Newspaper
Create Paper
Create Customized Paper
Custom Paper
Create Album
Create Album
Yoozer Notifications
Notifications
Edit Profile
Edit Profile
Login
Login

 
 
 
Login on Yoozpaper Facebook Login

Dow Rises 125 Points to Advance 2 Days Consecutive

Written by on


Dow Rises 125 Points to Advance 2 Days Consecutive


0 YOOZ this

The Dow was up 125 points on Friday to close at 11,269. The NASDAQ was up 15 points to close at 2508. Stocks continued to have some promise after strong earnings from Cisco and an upbeat jobs report. In Europe, stocks were really strong Friday, with the FTSE, DAX, and STOXX all up over 3%.

Boeing was up 5% to close at 61.75 to lead the Dow. Hewlett Packard was up 4% to also be strong for the day. Stocks such as United Technologies and Disney were also on the positive side.

Financials considered to be the laggards of the markets, with AMEX, BOA, and JP Morgan all down for the day. The financials are down over 20% in the past month, and despite the bailout allowing banks to grow strong again, the bank stocks do not feel the same way.

In the commodities markets, gold moved to $1,750 per ounce, while oil rose above $85 per barrel. With analysts projecting gold to move to $2,000 an ounce, the support at $1,700 has been strong despite 2 strong market days.

Return to World Markets Report.





Yoozpaper is a social network of online newspapers written by individuals or groups. Yoozpaper takes free articles that members write and formats them as an online newspaper.

Articles Of The Week

Ladle with refractory materials are used

Refractory materials for glass furnaces

Kiln refractory selection method

Quality Control of Kiln Refractory Production