Closing Bell: When news and earnings exhaustion occurs (BCRX, BAC, CIT, GE, GOOG
Posted by: admin in Stocks NewsFiled under: Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO), General Electric (GE), Bank of America (BAC), CIT Group (CIT)
This was one of those low-report days for economic data. We’d two current and one former DJIA components report earnings and the earnings reactions today were only so so. Today’s action felt like a long week that ended the start of earnings season where traders just wanted that closing bell to come. The DJIA and S&P were so blended throughout the day that knowing where the markets were was a guess more than a feel.
Here are today’s unofficial closing bell levels:
Dow 8,743.94 +32.12 (0.37%)
S&P 500 940.38 -0.36 (-0.04%)
Nasdaq 1,886.61 +1.58 (0.08%)
Top Analyst Upgrades/Downgrades
Closing Bell: When news and earnings exhaustion occurs (BCRX, BAC, CIT, GE, GOOG, SU, YHOO, MSFT) originally appeared on BloggingStocks on Fri, 17 Jul 2009 16:00:00 EST. Please see our terms for use of feeds.
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