Tuesday, January 5, 2010

Market wrap - 4:20 pm

On what looked like a down day early with the poor (bad) housing numbers, the market once again shrugged it off and stayed about even. The DJIA was down as much as much as 50 points, but late in the afternoon all indexes came back to end mixed.

Ford posted much better than expected auto sales for December, which drove them higher, hitting a high for the last couple of year. News of Merideth Whitney downgrading Goldman Sachs didn't seem to slow them down with a rally late in the day.

The dollar was flat for the most part finishing at 77.615 and Gold was up a little (.50)and finished at 1118.8.














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