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Welcome to Ministry of Wealth and Gifts for your loved ones!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down


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Friday, 7 January 2011

DOW

11,697.31
-25.58
-0.22%

By: Abby Schultz, JeeYeon Park


Stocks ended mixed as the Dow's rally skidded to a halt as retailers reported weaker-than-expected December sales.

The Dow Jones Industrial Average fell 25.58 points, or 0.2 percent, to close at 11,697.31 after closing at multi-year highs the previous session following a surprising rise in private sector jobs.


The S&P 500 fell 2.71 points, or 0.2 percent, to close at 1,273.85, while the tech-heavy Nasdaq gained 7.69 points, or 0.3 percent, to close at 2,709.89. The CBOE Volatility Index, widely considered the best gauge of fear in the market, rose above 17.

Among key S&P 500 sectors, telecom, energy and consumer discretionary slipped while technology gained.

Commodities continued to be skittish, contributing to weakness in energy and materials stocks.

Gold declined for a fourth consecutive session to close about $1,371 an ounce. Copper fell 1.8 percent to about $4.32.

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