Thursday, July 22, 2010

On the way back a little

The DOW is up 200 points today in early trading due to more profits by companies Caterpillar, AT&T Inc., 3M Co. and UPS Inc. There is also signs of growth in Europe (Finally!) which points to a good ending to a poor week. Mortgage rates also fell to a national new average low of 4.57% and jobless claims have gone up once again. It seems lie the economy is getting better but then why are so many claims coming forward still and housing still on the way down? Just something to ponder about until tomorrow.

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