It looked as if we were going to start September with a very bad day, when the Dow Jones Industrial Average
Gold was the other big mover today, rising 2.5% on more expected stimulus from the Federal Reserve. If the Fed decides to do another round of quantitative easing, the gold bugs think it will give the shiny metal another bump as the money supply increases.
I wouldn't read too much into the Dow's up and down movements this early in the week. The big employment numbers come out on Friday, and that's when the real excitement begins. Data has shown a slowing economy as we careen toward a fiscal cliff, and if today's data is any indication, I would expect economic indicators to decline slightly as we make a snail's-paced economic recovery.
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