Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, July 13, 2010

Tuesday

Strong earnings and encouraging news about the oil spill in the Gulf pushed U.S. stocks to their sixth consecutive day of gains. Today's gain brought key market indexes to within a stone's throw of where they started this year. Stocks are adding to a rally that includes the Dow Jones Industrial Average's best week in nearly a year. The average is now down only .62% for the year-to-date. In other markets, the euro broke its losing streak today as investors pursued riskier assets after hearing the news of strong earnings reports. DJIA +146.75 Nasdaq +43.67 S&P 500 +16.59.