After a rollercoaster day, the Dow finished higher. |
|
Market View for Dec 4, 2008 After a rollercoaster day, the Dow finished higher by 173 points, shrugging off a dismal Beige Book outlook and a worse than expected ADP employment report, and instead focusing on soaring mortgage applications. As mortgage rates move down, there is talk of the Treasury considering a plan to help home prices by helping mortgage rates move even lower. Oil closed mostly flat for the day. European and Asian stock markets were up marginally. In
Filed under: Technical
Latest Posts
- The Daily Forecaster
- USD/JPY Daily Outlook
- Eurozone Inflation drops to 26 year low
- EURUSD is in short term downtrend
- Greenback Mixed on Gloomy US Data
- Daily Market Outlook
- The FED Fears The Worst
- New York Session
- Minutes of December 16 FOMC Meeting: Fed on Hold for Extended Period, Ponders about Various Options
- U.S. Forex Market Commentary
- Greenback Slumps on Soft data
- U.S. Forex Market Commentary
- U.S. Forex Market Commentary
- Daily Forex Signal
- FeedAgg.com | Feed | automated forex