Close: U.S. stocks mixed on mixed data

U.S. stocks ended mixed Thursday. Morning the Labor Department released employment data raised market confidence. The dollar rose, making commodities suppliers generally feel the pressure.

At 16:00 on December 9 EST, the Dow Jones Industrial Average fell 2.42 points to close at 11,370.06 points, down 0.02%; the Nasdaq composite index rose 7.51 points to close at 2,616.67 points, or 0.29%; the S & P 500 index rose 4.72 points to close at 1,233.00 points, or 0.38%.

Dow component DuPont (DD) fell, the company said 2010 results exceeded expectations, and expected profitability will increase. But the patent expired, the company's pharmaceutical business in 2011 revenue would fall.

Several opposition groups in Ireland, said the program will be voting on the rescue of the Irish vote, the U.S. stock market was down by the turn up. Today morning, Fitch rating agency (Fitch Ratings) will be Ireland's rating to BBB-level, that is, the third lowest investment grade. Fitch lowered its rating because of the Irish take into account the high cost of rebuilding the banking system, and lost at an acceptable price the ability to obtain financing from the market.

Some traders believe that the problem of delay in settling the Irish market fears increase, but it is insufficient to reverse the recent trend of steadily rising market.

Economic data plane, the Labor Department reported morning was improved market sentiment. The Labor Department reported the week ending December 4 initial claims for unemployment benefits fell by 1.7 million to 42.1 million. Accepted by economists surveyed by MarketWatch expected the figure will average 42.5 million. Analysts surveyed by Dow Jones Newswires expected a decline of 1.3 million people. Data from 43.6 million the previous week were revised up to 43.8 million.


30 yr fixed mortgage rates

interest only loans

interest only loans rates

interest only mortgage rates

quantitative easing

china inflation

china inflation rate