Showing posts with label factory activity. Show all posts
Showing posts with label factory activity. Show all posts

Thursday, December 29, 2011

Stock Market Bullets December 29, 2011


Stock market highlights for the day:
  • Concern over Europe again! Sovereign debt crisis fear.
  • Last trading day of the year tomorrow
  • 10 year Italian bond yields at dangerous levels (7%)
  • Pending sales of existing US homes at 1.5 yr high
  • Factory activity grows in US midwest
  • Banks and commodity sectors gain
  • Initial claims for jobless benefits more than expected
  • December payrolls report coming next week
  • Amazon falls and affects Nasdaq index.