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Wall St. can't break gloom  

By: Decomposed in ROUND | Recommend this post (1)
Mon, 06 Jun 11 6:58 PM | 76 view(s)
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Everything is down . . . except gold. Gold hit $1,553 a few minutes ago - a new high. 


June 6, 2011, 11:20 a.m. EDT

U.S. stocks fall; S&P 500 below 1,300

By Kate Gibson, MarketWatch

NEW YORK (MarketWatch) — U.S. stocks fell Monday, with the Standard & Poor’s 500 Index briefly dipping below its March low, as investors watched to see whether further support levels would be challenged.

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All 10 of the S&P 500’s industry groups lost ground. Technology fell the least, with shares of Apple Inc. among the gainers ahead of an appearance scheduled for later in the day by its chief executive. Currently on medical leave, Steve Jobs is expected to make a public appearance in San Francisco.

Oil prices declined ahead of an OPEC meeting later this week, with crude futures off $1.46 to $98.76 a barrel on the New York Mercantile Exchange.


Full story: http://www.marketwatch.com/story/us-stocks-open-lower-sp-500-below-1300-2011-06-06-1011550




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months




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