Rising Dollar Hurts Stocks
Stocks slid lower on Monday after a rising dollar hurt commodity prices. Investors erased earlier gains during afternoon trading as shares of energy and material companies started to decline. The Dow Jones Industrial Average inched further away from the 10,000 level and finished the day at 9,867.96. Technology shares fared somewhat [...]
Caution Runs Rampant on Wall Street; Rising Commodity Prices Lift Stocks – November 3, 2009
November 3rd, 2009Investors Turn Cautious
Stocks struggled to gain traction on Tuesday as investors turned cautious again. All three major indices were able to cut earlier losses, but the Dow Jones Industrial average remained in negative territory. Three stocks rose for every two that fell on the New York Stock Exchange. A variety of reports on corporate [...]
Posted in Daily Market Commentary | No Comments »