In a directionless market, it’s days like these that make you hold on to some hope and optimism. If you take a look at the stock markets today, you’re going to be in for a treat when you see some pretty big green numbers next to your favorite indexes. And if you had to take one big swooping guess as to why the stocks rebounded so strongly today, what would you say?
The big news that we are waking up to this morning is that Spain announced a 25% jobless rate. Moody’s came out and said that Europe likely has three more years of pain, however the expectation is that the Euro will hold together.
What’s Up on Wall Street?
The Dow Jones Industrial Average decreased 7.68 points (-0.06%) while the Nasdaq went up 7.97 points points (0.27%). Also, the S&P 500 dropped 0.37 points (-0.03%).
Here are some of today’s rates:
Here are a few links to some of today’s financial articles. Be sure to leave a comment below if you know of any additional financial articles that are trending today.
The New York Times