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Investors Flocking To Treasuries – Market Update

Market Update1 Investors Flocking To Treasuries – Market UpdateSpeculation is floating around that European countries are struggling to contain their debt issues (surprise, surprise), which has investors jumping to the relative safety of U.S. Government debt/treasuries.  This morning, the consumer price index was released, and it had zero impact on treasury prices.

What’s Up on Wall Street?

It was a fairly mediocre day on Wall Street yesterday, but all three indexes saw marginal gains when all was said and done.  The Dow Jones Industrial Averaged ended a three-day losing streak and finished up 45.30 points (0.38 percent).  The Nasdaq Composite ended a three-day losing streak as well and finished up a solid 1.70 points (0.07 percent), while the S&P 500 closed 3.93 points higher (0.32 percent).

 

Eric Mally is a writer for Quicken Loans, a company whose clients believe it’s Engineered to Amaze.  Interested in being Amazed by us? Read trusted reviews at Quicken Loans Reviews and at Epinions.

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About Eric Mally

How does Eric describe himself? In three words, they would be "humorous," "sports nut," "merciless," and "jackhammer." He has a proclivity to quote Larry David, watch countless hours of Detroit sports and wait in line for new Air Jordan shoes the day they come out. When not blogging about finance, Eric can be found with his dog "The Dude" (his Dudeness or el Duderino if you're not into the whole brevity thing) or thinking about what could have been if his rap career took off in 7th grade.

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