Today is Thursday. The weather is sunny in here.
Stock Market Closing Prices - 11/19/09
Dow Jones Industrial Average ( DJIA ) Close – 10332.44 Down -93.87
Nasdaq Stock Market Close – 2156.82 Down –36.32
S&P 500 Close – 1094.90 Down -14.90
Commodities Closing Prices - 11/19/09
Gold – 1141.40
Oil – 77.76
The today's trade was a shift out of riskier assets and back into safe havens like the dollar and Treasurys. After amassing significant gains during an eight-month rally in stocks, investors are hesitant to take on too many risks as the year ends, worried that the economy's rebound might not be sustainable.
Analysis said investors are searching for direction. There are a lot of questions out three and not a lot of answers. When you don’t have right information you don’t do anything.
Tech shares fell again after chipmakers, including Intel Corp., were downgraded.
Tech stocks could get hit again Friday following a report from Dell Inc. that sales of its computers to big businesses remain sluggish. After the closing bell, the company posted quarterly revenue and profits that fell short of analysts' forecasts. Dell shares slid 6 percent in after-hours trading.
