Independent, Fee-Only Financial Advisor
Tuesday, June 15, 2010
Stocks surged as nervousness subsided over the euro zone and a report of strong computer sales boosted technology stocks. All three major indexes were up over 2% by the end of the session, and today's gain put the S&P 500 back into positive territory for the year. It also put the Dow Jones Industrial Average within 24 points of its 2009 finish. In other markets, Spain's successful debt auction helped restore confidence in the euro zone, causing the euro to gain against the dollar. The yen was also higher against the dollar, which was down .7%. DJIA +213.88 Nasdaq +61.92 S&P 500 +25.60.