Wednesday, September 08, 2010

Emini Futures Trading / Daily Recap

(QQQQ)(DIA)(SPY)(.SPX)(GLD)


Wednesday September 8, 2010 

The Dow Jones Industrial Average rose 46.32 points, or 0.45%, to 10387.01. The Standard & Poor's 500-stock index advanced 7.04 points to 1098.88 while the Nasdaq Composite added 19.98 points to 2228.87. Financial stocks were the best-performing sector after encouraging developments in Europe's banking sector helped clear a source of uncertainty for the markets. The U.S. economy hit a soft patch in the second half of July and through August as the housing sector continued to suffer after the expiration of a tax credit, the Fed said. Treasurys fell as a deluge of government and private debt supply overshadowed a strong 10-year note sale and a soft reading from the latest Fed economic survey. After a rally early in the morning, oil prices fell back from session highs of $75.39 a barrel on a report from the Federal Reserve that said the U.S. economic recovery was showing "widespread signs of a deceleration." ...
 

Futures
Dow +52 +.50% 10,390
S&P + 8  +.73% 1099.25
 
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