Friday, May 29, 2009

End of day - Friday - 4:05PM

Final numbers for today: Dow 8,513.08 +109.28 (1.30%) S&P 500 919.76 +12.93 (1.43%) Nasdaq 1,774.33 +22.54 (1.29%) Gain by sector today: The financials only came in second today? I'm surprised to say the least. Today's heatmap: Gold 980 +17 +1.78% Oil 66.38 1.23 1.89%
Notice the price of oil? How can that be good for the economy? Pump price gaining on $3.00. Can anyone say "discretionary spending" evaporating?

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