Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Thursday, July 22, 2010

Thursday

Stocks soared today as corporate America registered strong earnings and revenue numbers, adding to a surprise uptick in euro-zone economic activity and better-than-expected U.S. housing numbers. The Dow erased yesterday's 109-point fall with industrials and financials leading the way. In the U.S., existing home sales and leading indicators beat the market's gloomy estimates, while the euro zone's composite purchasing managers index and industrial orders both unexpectedly rose. Today was quite the turn-around! Now to see what tomorrow brings.. DJIA +201.77 Nasdaq +58.56 S&P 500 +24.08.