Monday, June 7, 2010

Dow down 115 in late trading

Dow down 115.48 to 9816.49
Nasdaq down 45.27 to 2173.90
S&P 500 down 14.41 to 1050.47

Today the stocks were steady until around the lats hour of trading when the euro plunged and with it the market went down over 100 points once again. Among the top stories, Apple announced when the next iPhone will be released (June 24th) saying that it has come far from the original. Look for the market to keep falling on momentum at the end of the trading day today, but also keep in mind that all of the stocks that are falling won't be falling forever so a long term investment in BAC or GE or even AAPL is a good idea for long term.

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