Tepid Tone

Feb 24, 2012 | Market Commentary

Friends,

Hovering around the 13,000 milestone again, traders appeared lackluster as stocks see-sawed much of the day despite the latest dose of data – upbeat consumer sentiment news. The Dow eased back just 2 points at 12,983 while the S&P tallied 2 points to finish closer to that 1370 level we’ve been waiting on at 1365. Both end another week with gains.

Gold was down slightly ending at $1773. Oil continues to attract attention tacking on $1.87 to close at $109.70.

Have a great weekend everyone.

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