The major indexes were mixed on Monday with the NASDAQ logging a nice gain, while the Dow slipped modestly, as eyes remain on the ongoing Greece/Spain financial woes. On Tuesday, all the indexes participated in a 1% gain as the hope for further government stimulus drove investors to buy more stock. Stocks failed to maintain the rally on Wednesday when the Fed held off on making any aggressive financial moves, instead opting only to extend the Treasuries buy/sell program Operation Twist until the end of the year. The bottom fell out Thursday with a 2% loss for the Dow, as a combination of weak international economic reports coupled with disappointment over the Fed’s lack of action sent stocks spiraling. Oil dropped to less than $80/barrel. The week ended on Friday on an up note, although the gain was not large enough to give the Dow or the S&P 500 a win for the week.

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