Closing Bell: Almost 7-weeks in a row (GM, JPM, AMZN, AXP, MSFT)
Posted by: admin in Stocks NewsFiled under: Microsoft (MSFT), Amazon.com (AMZN), General Motors (GM), JPMorgan Chase (JPM), American Express (AXP)
This day was a strange day. Durable goods gave tiny hope and housing data was also lackluster. Yet when you beat lowered estimates that is often enough. The government’s “stress tests” look more like a baseline test for the banks.
Had the DJIA shut a penny above the 8,131.33 level, that would have marked a 7-week rally. Here were today’s unofficial closing bell levels:
Dow 8,075.09 +118.03 (1.48%)
S&P 500 866.06 +14.14 (1.66%)
Nasdaq 1,694.29 +42.08 (2.55%)
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Closing Bell: Almost 7-weeks in a row (GM, JPM, AMZN, AXP, MSFT) originally appeared on BloggingStocks on Fri, 24 Apr 2009 16:00:00 EST. Please see our terms for use of feeds.
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