“U.S. stocks fell Thursday after see-sawing much of the day as rising jobless claims overshadowed some improvement in housing and an advance in technology shares,” Kate Gibson reports for MarketWatch.
“After a mild rise, the Dow Jones Industrial Average (DJIA 10,660, -79.12, -0.74%) was off 81 points at 10,658 with all but four of its 30 components declining. The Standard & Poor’s 500 Index (SPX 1,125, -9.27, -0.82%) fell 10 points to 1,124, with financial companies falling the hardest among its sectors and technology firms gaining,” Gibson reports. “The Nasdaq Composite Index (COMP 2,327, -7.28, -0.31%) fell 10 points at 2,325.”
Gibson reports, “Ahead of Wall Street’s start, stock futures fell after the Labor Department said first-time claims for jobless benefits rose last week after a two-week decline.
Full article here.
MacDailyNews Note: Apple (AAPL) shares are currently up $1.17, or 0.41%, to $288.92.
Sarah Palin via her Facebook page:
Lies, Damned Lies – Obamacare 6 Months Later; It’s Time to Take Back the 20!
I wonder, will the Libs try to trot out their tarted-up pet monkey Tina Fey to try to influence the vapid once again?
[url=http://www.takebackthe20.com]http://www.takebackthe20.com[/url]
What does DERP mean? Is that supposed to be some kind of sound?
And who is Democrates? Sounds like a Greek philosopher…
What does DERP mean? Is that supposed to be some kind of sound?
And who is Democrates? Sounds like a Greek philosopher…
@Macromancer
I think it was sarcasm. At least I hope it was.
AAPL has been very nice to me. Papa gonna get a new fishing boat WHEN it hits 300!!
@Macromancer
I think it was sarcasm. At least I hope it was.
AAPL has been very nice to me. Papa gonna get a new fishing boat WHEN it hits 300!!
Nm, looked DERP up, South Park reference….
South Park is like war, moments of genius humor surrounded by eons of base mediocrity; the exception being the World of Warcraft episode…that whole thing was hilarious.
Nm, looked DERP up, South Park reference….
South Park is like war, moments of genius humor surrounded by eons of base mediocrity; the exception being the World of Warcraft episode…that whole thing was hilarious.
NCiceman
That was a great episode. But the Facebook episode was priceless, I made my kids watch it. Thank goodness I did, for they now are on Facebook far far far far less now after seeing how ridiculous they were getting and are out playing outside playing pick up games in the street, giving me a nice break till the wifey gets home then she turns into the drill sergeant.
NCiceman
That was a great episode. But the Facebook episode was priceless, I made my kids watch it. Thank goodness I did, for they now are on Facebook far far far far less now after seeing how ridiculous they were getting and are out playing outside playing pick up games in the street, giving me a nice break till the wifey gets home then she turns into the drill sergeant.
To the moon Apple, to the moon…
To the moon Apple, to the moon…
Sometime next year the same economists that said the recession ended last summer will revise and report that it was a double dip. That’s my take and I’m sticking to it.
Regardless of who wins and controlls things going forward, if the US doesn’t get a handle on public, private debt our nation’s ling term prospects are not good.
Finally, if we let ALL the Bush era tax cuts expire, the budget can be brought into balance by 2015. If we keep any of them that is no longer a possibility.
Sometime next year the same economists that said the recession ended last summer will revise and report that it was a double dip. That’s my take and I’m sticking to it.
Regardless of who wins and controlls things going forward, if the US doesn’t get a handle on public, private debt our nation’s ling term prospects are not good.
Finally, if we let ALL the Bush era tax cuts expire, the budget can be brought into balance by 2015. If we keep any of them that is no longer a possibility.
Since January 23 2009 (more or less the inauguration of the current administration), Apple shares have risen 250%.
The NASDAQ has risen 52%.
The DJIA has risen 28.75%.
Now go back to the period between 1st June 2007 and the 23rd January 2009.
Apple shares were down 22%.
The NASDAQ was down 42%
The DJIA was down 40%.
And if you combine the two periods: Apple are up 162%, NASDAQ is marginally down (9%) and the DJIA is 21.35% down.
These are matters of undeniable fact.
But, because they don’t fit into MDN’s scaremongering rightist agenda and the climate of fear and ignorance engendered by media sources like Faux Noise, they dare not use the data.
But now you do.
Since January 23 2009 (more or less the inauguration of the current administration), Apple shares have risen 250%.
The NASDAQ has risen 52%.
The DJIA has risen 28.75%.
Now go back to the period between 1st June 2007 and the 23rd January 2009.
Apple shares were down 22%.
The NASDAQ was down 42%
The DJIA was down 40%.
And if you combine the two periods: Apple are up 162%, NASDAQ is marginally down (9%) and the DJIA is 21.35% down.
These are matters of undeniable fact.
But, because they don’t fit into MDN’s scaremongering rightist agenda and the climate of fear and ignorance engendered by media sources like Faux Noise, they dare not use the data.
But now you do.
@Truth In Advertising “economists” are such funny people. They belong of one of only two groups who believe in infinite growth on finite resources … the other group are lunatics. Economics isn’t even a science … even Alfred Nobel knew that. Anything that ignores evidence that can demonstrably falsify a theory isn’t science … it’s faith and, as Penn & tell like to say, BS. Classic economics along with political theories like communism and libertarianism assumes we all act rationally … right.
The real economics happens in your own wallet, not on Wall Street or Bay Street.
@Truth In Advertising “economists” are such funny people. They belong of one of only two groups who believe in infinite growth on finite resources … the other group are lunatics. Economics isn’t even a science … even Alfred Nobel knew that. Anything that ignores evidence that can demonstrably falsify a theory isn’t science … it’s faith and, as Penn & tell like to say, BS. Classic economics along with political theories like communism and libertarianism assumes we all act rationally … right.
The real economics happens in your own wallet, not on Wall Street or Bay Street.
Facts? Try not to use facts, especially not with a dose of reality and responsibility. It scares the lemmings.
Facts? Try not to use facts, especially not with a dose of reality and responsibility. It scares the lemmings.
Steve516…
Apparently so.
Steve516…
Apparently so.
No jobs = bad for the economy
No jobs = bad for the economy
(Market drop of <1%) ࣔ “crater”
(Market drop of <1%) ࣔ “crater”