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The Day Ahead: Last Day of the Decade

By admin | December 31, 2009

pPosted To: a href="/news/"MND NewsWire/a/pItrsquo;s the final day of the decade and the Samp;P 500 and Dow each are likely to close the year with their biggest annual percentage gains in five years, two of the many signs that the worst of the financial crisis is over. Year to date the Samp;P 500 is up 24.7% while the Dow is 20.2%. The economy may not be in shambles anymore but itrsquo;s still far from good, and for anyone who needs a reminder the one data entry today, jobless claims, should helpfully provide a dose of reality. Two hours before the trading session begins, The Dow looks to open 13 points higher at 10,503 while the benchmark Samp;P 500 looks to open 2.75 points higher at 1,124.75. Commodities are also on the rise with WTI Crude oil trading 36 cents higher at $79.64 per barrel and Spot Gold up $12.48 to $1,105.38...(a href="http://www.mortgagenewsdaily.com/12312009_day_ahead_jobless_claims.asp"read more/a)pdiv style="background-color:#D4EDC9;border:1px solid #BDD4B3;padding:3px 5px 3px 6px; color:#000000;font-family:arial,sans-serif;font-size:12px;"strongForward this article via email:/strongnbsp;nbsp;a href="http://www.mortgagenewsdaily.com/channels/126664/3/forward.aspx" style="color:#3333CC;"Send a copy of this story/a to someone you know that may want to read it./div/pimg src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=126664" width="1" height="1"

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