Monday, December 12, 2011

Please stop the crisis. Please?

Stocks are continuing to tumble because the European debt crisis isn't looking too great right now. The Dow Jones industrial average (INDU) slid 163 points, or 1.3%, while the S&P 500 (SPX) lost 19 points, or 1.5%, and the Nasdaq (COMP) dropped 35 points, or 1.3%. Earlier, all three major indexes had declined about 2%. I'd recommend Japan's Nikkei, which, despite the current situation, still manages a profit.

Monday, December 5, 2011

looking better!

Not too bad of a fall today-- a little over 0.1 percent for the benchmarks. The week saw the Dow, S&P 500 and Nasdaq end 7%, 7.4% and 7.6% higher, respectively.

On the European front, a report from Bloomberg cited that the European Central Bank might be preparing to make a payment of $270 billion to the International Monetary Fund to deal with the lingering debt crisis.

Time to invest abroad! :)