dow2664
Through mid-day trading today stocks continued to fluctuate. The trendline progress stemming from the recent rounds of positive earnings reports lost momentum. The Dow Jones Industrial Average has not reponded positively today and, even with the relative positve economic reporting, the Dow will see it’s two day winning streak come to an end. Earlier today, the dollar rose modestly relative to a basket of other major currencies but still remained near record lows against the Japanese yen and Euro. Close out for the dollar today was mixed against other currencies. World stocks held steady today. Major European index values hovered around break-even during their most recent trading sessions. The DAX closed down .1%. The FTSE 100 settled down .3% and the CAC-40 was down .3% as well. Asian index values closed their session today mixed as well. The Hang Seng in Hong Kong settled the day at 25,517.54 down .56%. The Nikkei 225 settled in the green though at 9,426.71 up .54%. The Dow Jones Industrial Average closed out October 22nd, 2010 in the red by .13% at 11,132.56. The S&P 500 was in the green by .24% and finished the day at 1,183.08 and the Nasdaq closed out today in the green as well up .80% at 2,479.39. Overall data today was mixed with no major news pushing direction. The dollar fell against the euro, the British pound and the Japanese yen. The benchmark ten year treasury fell and the yield finished at 2.56%. Author: Frank Matto
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