2010/12/17

Midday: the tech sector in general rose

Dow Jones Industrial Average fell 23.05 points to 11,476.20 points, down 0.20%; the Nasdaq composite index rose 7.45 points to 2,644.76 points, or 0.28%; Standard & Poor's 500 index fell 0.44 points to 1,242.43 points, down 0.04% .

Among the major plates, the best performance of the tech sector, pharmaceutical sector underperformed the broader market, the weakest performance of the telecommunications sector. Dow component Merck (MRK) fell 1.9%, Pfizer (PFE) fell 1.1%.

Thursday, the Dow and S & P 500 Index since September 2008 at a new high. So far this week, the Dow is up about 0.5%. S & P 500 index points from Friday's closing up 0.1%. The Nasdaq rose 0.2% in the week.

The Conference Board announced that the United States, the United States in November leading economic indicators appeared the largest increase since 8 months, indicating that the rate of U.S. economic recovery next year, will accelerate. Tracking orders and new products, including data such as index of leading economic indicators rose 1.1%, in line with accepted average estimate of economists surveyed by MarketWatch.

But the message is still cause for concern overseas. Agency Moody's Investors Service lowered its rating on Friday to Ireland 5 grades, from Aa2 cut to Baa1, and warned that if the country can not achieve the desired economic growth, its financial position will continue to deteriorate.


30 yr fixed mortgage rates

interest only loans

interest only loans rates

interest only mortgage rates

quantitative easing

china inflation

china inflation rate