Barring any sudden movement, the Dow Jones Industrial Average
Gain/ Loss %
|Dow Jones Industrials||76.93||0.63%|
|VIX (Volatility Index)||(0.13)||(0.60%)|
|10-Year Treasury Note||(0.017)||(1.03%)|
Source: Yahoo! Finance.
However, as you can see in the chart above, the markets are not expecting a smooth road ahead, as investors fled into the safety of 10-year Treasuries. June crude oil futures also lowered on the prospect of shrinking economic growth both in Europe and Asia.
Outside of the Dow, Carl Icahn has set his sights on Navistar International
With more worries of slowing growth around the world, basic materials is the worst-performing sector today, with United States Steel
The good news is the Dow Jones Industrials are performing well again, making it four straight days in the green. We must be aware that Europe is still in a perilous state, and in order to stabilize the market for a long bull run, the central banks will need to heed Obama's message and infuse capital into the banking systems. The problems are complex and the treatment is supplied in small doses, so expect some turbulence on the way. With increased instability expected in the market, now is a great time to check out the Motley Fool's special report describing three stocks that will help you retire rich. This free report lists three remarkable companies and offers great advice on how to invest to secure a comfortable retirement. Get your free report now.
Joel South owns shares of no company listed above. The Motley Fool owns shares of Chesapeake Energy. Motley Fool newsletter services have recommended buying shares of Chesapeake Energy. Motley Fool newsletter services have recommended creating a diagonal call position in Wal-Mart Stores. The Motley Fool has a disclosure policy.
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