www.StockMarketFunding.com S&P 500 Index The 200 Day Moving Average Holds and bounces off the lows. After a great deal of selling and headline events, the Dow Jones Industrial Average Index rallied 175.06 points off the low of 11874.94 to close at 12050. The Nasdaq Composite Index rallied 59.28 points off the low of 2627.47 to close at 2686.75. The S&P 500 Index rallied 20.63 points off the low of 1262.87 to close at 1283.50. On the opening bell...Wall Street Tanked on Economic Concerns, Oil Selloff, Possible Greece Default Jobless claims rise more than expected, Oil drops 4 percent on weaker economic outlook, Is America the next Greece? We'll discuss the current market conditions has the Dow Jones Industrial Average fell 220 points intraday. JP Morgan and the banking sector are very weak. Key economic data such as China PMI and the higher weekly jobless claims in the United States contributed to today's weekness. New home sales for May slipped by about 2% month over month to an annualized rate of 319000 units, which is greater than the pace of 305000 units that had been anticipated among economists polled by Briefing.com. All three major equity averages are down in excess of 1.5% this morning. The -US Dollar- showed strength as a flight to safty which caused gold & silver and other commodity stocks to sell off. Gold ETF (GLD) declined $2.71 or 1.79% as spot gold prices fell by $26.403. The CRB index falls to near its year-to-date low. Is the ECB Solvent? At SMF we <b>...</b>
If you want to add your voice and contribute to this existing news event, use the event code
(Event Code: @13120110), that you will find on each news event page, as the first word of the
SMS or MMS message followed by a space then add your contribution (text, image or video). For example:
@13120110 This is an amazing video of Greg Norman hitting a hole-in-one in Sydney, Australia.
The first word of the message should be @13120110 (event code), to make sure the system attaches
your voice to the right news event.