Despite seemingly a ton of bad news, Dow Jones Industrial Average (INDEX: ^DJI ) wound up having a solid week, rising 1.7%. Poor U.S. jobless numbers and a drop in industrial production seemed to only make investors more optimistic about the potential of more stimulus from the Federal Reserve.
|
Index |
Change This Week |
Ending Value |
|---|---|---|
| Dow Jones Industrial Average | 212.97 [1.7%] | 12,767.17 |
| Nasdaq | 14.38 [0.5%] | 2,872.80 |
| S&P 500 | 17.18 [1.3%] | 1,342.84 |
Next week will be an incredibly interesting week for investors. Greek elections tomorrow will almost certainly shove markets in one direction or another on Monday. There are also meetings of the Federal Reserve, where we'll get more information on monetary policy, and the G-20 summit in Mexico. Check out the following video for more on what happened in the markets this past week, including individual stock winners and losers, and what to expect from next week.
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Report this Comment On June 16, 2012, at 4:33 PM, mistacy wrote:
"Greek elections tomorrow will almost certainly shove markets in one direction or another on Monday." Thank you Brendan for this in-depth analysis of the Greek situation outcome.
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