Thursday, April 29, 2010

Market Overview March 9, 2010

According to the Conference Board, its Employment Trends Index rose in February for the sixth consecutive month and now stands at 93.5. Furthermore, US Net Employment Outlook has turned to positive (8%) for Q2 2010. The rising indicators show that job growth is about to begin.


Dow Jones Industry Average closed at 10,566.02 today. It has gained 4,009 points since its 7,600+ point fall to 6547.06 on March 9, 2009. This recovery is not yet finished; it is likely to approach 12,500 before another major correction.

No comments:

Post a Comment