Tuesday, February 28, 2006

Markets Continue Slide to Lower Close

Falling consumer confidence along with slowing home sales weighed down investor sentiment sending the markets to a lower close. The Dow plunged 104 points to 10,993. Nasdaq tumbled 26 points to 2,281. S&P 500 dropped 26 points to 2,281. The 30-year bond rose slightly as the yield slipped to 4.503%.

Markets Jolted by Consumer Pessimism and Google

The markets dropped sharply on fading optimism about the overall economy and negative remarks by Google's CFO. The Dow lost 93 points to 11,004. Nasdaq fell 23 points or more than 1% to 2283. S&P 500 dropped 12 points to 1281. The 30-year bond rose with the yield slipping to 4.523%.

Markets Open Lower

The markets opened lower as GDP data renewed inflation fears. The Dow opened at 11,096, down 1 point. Nasdaq opened at 2300, down 7 points. S&P 500 opened at 1293, down 1 point. The 30-year bond rose slightly as the yield slipped to 4.535%.

Monday, February 27, 2006

Markets Pull Back But Close Higher

The markets continued to climb higher on upbeat earnings news and lower oil prices. The Dow rose 35 points to close at 11,097. Nasdaq jumped 20 points to 2307. S&P 500 added 4 points to 1294. 30-year bonds slipped as the yield rose to 4.545%.

Markets Extend Rally

The markets continued to climb higher on upbeat earnings news and lower oil prices. The Dow rose 64 points to 11,126. Nasdaq jumped 23 points or more than 1% to 2310. S&P 500 added 7 points to 1296. 30-year bonds slipped as the yield rose to 4.545%.