Speculation 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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