Markets are flat to mixed, which is better than anticipated given Greece's failure to form a new coalition government. But then again, is anyone surprised that the newly elected Communists and neo-Nazis didn't play well together? New elections are forthcoming, but the country may run out of money before everything is settled, raising the specter of euro-ejection.
With that in mind, let's take a closer look at how the major indexes are faring and drill down on a few stocks making headlines.
Index |
Gain/Loss |
Gain/Loss % |
Intraday Value |
---|---|---|---|
Dow Jones Industrial Average |
(6.62) | (0.05%) | 12,688.73 |
Nasdaq |
10.85 | 0.37% | 2,913.43 |
S&P 500 | (1.00) | (0.07%) | 1,337.35 |
Source: Yahoo! Finance.
The Nasdaq looks poised to finish the day with gains, while the Dow and S&P 500 are barely into negative territory after fading into the afternoon. Here at home, new CPI numbers show that inflation is not here, nor on the horizon, while home sales may be showing signs of recovery. Inventory has moved into a healthy range, and while sales have decreased, it is because of a lack of sellers, especially in the strongest markets like Washington, D.C., leading many to think we have truly hit a bottom.
Despite that assertion and a first quarter that saw earnings increase 27%, shares of homebuilder and Dow component Home Depot
On the other side of the Dow we have JPMorgan
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