Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, July 06, 2010

Tuesday

After a volatile day, stocks managed to squeak out a gain. Today's session snapped a seven-session losing streak but showed little sign that the market has shaken off its recent discomfort over global growth. The day got off to a promising start, with the Dow Jones Industrial Average up more than 170 points at one time. But those gains dwindled as investors, eager to reverse last weeks decline, found it hard to brush off the lingering doubts about the strength of the global economic recovery. In other markets, the dollar fell against both the yen and the euro. DJIA +57.14 Nasdaq +2.09 S&P 500 +5.48.