After the temporary reprieve from the uncertain debt situation in Greece, stocks continued their four day rally today. However, as June came to a close, they were still down for the month. Metals continued the trend of trading up today, with the exception of gold which was slightly down. The $600 billion Federal Reserve monetary stimulus program known as QE2 came to a close today, with little in the way of visible results. In corporate news, Hewlett-Packard’s (HPQ) stocks were up on a rumor that bids were being made for components of the company. Meanwhile, the California governor signed a bill intending to force Amazon (AMZN) to pay state sales tax, causing the company’s stocks to dip.
Tags: June, June HpqMaybe it’s just a Slow Patch after all. That would seem to be the view of stock investors. The Dow Jones Industrial Average had a huge week, gaining 5.4% to 12582.77, its best weekly percentage move since July 2009.
The combination of Greece getting over its austerity hurdle and some surprisingly strong manufacturing data earlier today helped stocks drive higher. The S&P 500 gained 5.6% this week to 1339.67 and the Nasdaq Composite Index added 6.2% to 2816.03.
Away from the major averages, the Dow Jones Transportation Average surged to a record close Friday, gaining 2.3% to 5548.42. C
Tags: Best Week, WeekFor those of you who use our cell phone alerts and Twitter updates, we have just released a 4 NEW TRADE recommendations for our DAILY publication. Please check the Members Area or you email inbox for the update.
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According to the American Community Survey, 272,493 residents of New York City identify themselves as homosexuals, ranking the city as having the highest gay population in the United States.
At the same time, there are an estimated 42,600 same-sex couples in New York, as reported by the same survey in 2009; of whom 21%, nearly 9,000, are already legally married, as also reported by Williams Institute/Harris Interactive Same-sex Couple Survey in 2010. Surveys also point out that 7,200 same-sex couples in New York are raising about 14,000 children.
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