Monday, January 16, 2012

Todays Dow DJIA Index Dow Jones Industrial Average; NYSE Composite; Nasdaq Index; S&P 500 Index; 10 Year Treasury Note; XAU Gold Silver

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dow2664 The last trading session of the week saw indicators skew red. Brief Market Indicators Last Session: Dow Jones Industrial Average Index DJIA – negative .39 percent on the day – minus 48.96 points – close value of 12,422.06. Dow Jones Composite Average Index DJA – negative .42 percent – minus 18.23 points – close value at 4,284.95. New York Stock Exchange NYSE Composite – negative by .64 percent – minus 49.23 points – close value of 7,632.03. Nasdaq Index – negative .51 percent on the day – minus 14.03 points – close value of 2,710.67. S&P 500 Index – negative .49 percent on the day – minus 6.41 points – close value of 1,289.09. 10 Year Treasury Note – negative by 4.14 percent – minus .08 – close value at 1.8530 PHLX Gold/Silver Sector XAU – negative 1.13 percent – minus 2.21 – last close 192.91. The European debt crisis continues to plague the marketplace and pressure indicators. The market has yet to fully respond to the S&P credit downgrade action which happened last week. Nine eurozone nations were negatively affected by the credit downgrades and the action should heighten volatility in the marketplace as this week opens. The European marketplace response today will be a good indication of the response that can be expected in the U.S. on Tuesday. Due to the Martin Luther King Holiday today, the U.S. markets will remain closed. Frank Matto



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