Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, July 12, 2010

Monday

Stocks toed the line between red and green for most of the day as strength in technology companies competed with lagging materials. Also, many investors retreated to wait for the start of second-quarter earnings reports. Market watchers are hoping the reports will help return investors' focus back to U.S. company fundamentals, but global concerns are likely to keep weighing as Europe continues to deal with its debt crisis while China is working to slow its growth. The euro weakened again today, and the U.S. Dollar Index climbed .3%. DJIA +18.24 Nasdaq +1.91 S&P 500 +.79.