Today’s Rally Seems To Be For Real
Jun 10, 2010 Stock Market
The very strong market rally today seems to be holding, although we are still a couple minutes away from the witching hour (3PM). In the past couple months, we’ve had quite a few days in which the market was up throughout the day, but once we hit 3PM, the selling kicked in and we lost all the gains.
At 2:59, the Dow Jones Industrial Average is up 229.29 points or 2.32% to 10,128.54, which is very close to the day’s high of 10,150.76. Twenty-nine out of the thirty stocks in the index are up, with IBM (IBM) leading the way with a $3.63 gain to $127.53, while Cisco (CSCO) is the laggard, down $0.10 to $22.68.
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Tags: ibm, Stock Market, Stocks
