Thursday, May 13, 2010

U.S. Stocks Rise, Erasing S&P Loss From May 6 Plunge:

May 12 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. Stocks advanced, wiping out losses from the May 6 plunge in the Standard & Poors 500 Index, after pledges from the U.K. and Spain to shrink their budget deficits allayed concern the European debt crisis will curtail global growth. Bloomberg's Pimm Fox also speaks. (Source: Bloomberg)


Euro will disappear in next few years, Dennis Gartman

May 08, 2010 — CNBC, Fast Money, 05/06/10, Dow dropped nearly 1000 points (roughly 10%) in 15 minutes this day. Euro dropped relative to Japanese Yen 30 minutes prior to 995 point plunge in Dow.

Euro will disappear in next few years says Dennis Gartman ( Euro 1.2727 dollars to one Euro, High was on Dec 3, 2009 at 1.512.

(Dow ended the day at 10,520 on this day).

Guy Adami, Pete Najarian, Melissa Lee, Joe Terranova

Stock market, equities, 1000 point plunge 05/06/10, gold, silver, bonds, futures, currencies, US dollar, Euro.

Wednesday, May 12, 2010

Foreclosures Down 2 Percent From Last Year

A foreclosure listing firm says the foreclosure crisis is finally showing signs of easing, but it isn't all good news. (May 13)

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