Weekly Market Review ~ Friday, 12/30/11
After the long holiday weekend, stocks started off the week on Tuesday by finishing essentially unchanged on low volume trading. On Wednesday, Eurozone fears drove stocks down again, with the S&P 500 dipping negative for the year once again. This flip to the negative side was reversed on Thursday on positive initial jobless claims and housing starts reports. The market ended the 2011 trading year on Friday with a modest loss. For the year, the three major indexes had different outcomes – the Dow gained, the S&P 500 was flat, and the NASDAQ lost.
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