Friday, December 2, 2011

Dow ends almost flat

The Dow Jones index almost ended flat but there was hope since it was the best week in 3 years on Wall Street.

There was some positive from an important economic indicator - unemployment rate dropped to a 2.5 year low. The street is still wary of the Europe situation though. The S&P 500 is now very near to the 200 day moving average, a technical indicator, that hints at good times to come if breached from the bottom.

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