(As of 7:16 am PST)
Domestic economic news
continues to shine. Jobless claims fell
more than expected, soothing worries about last week's rise. Data concerning lowered demand for personal
computers has hit PC dependent companies hard, with Microsoft, HP, and Apple
taking big hits. International news is
light, with Asian markets reflecting the surge in the US markets from
yesterday. Europe is quiet. Gold is up slightly after yesterday's big
hit, and oil is down. The US dollar is
also down against most other currencies reflecting the fact that investors are
taking on more risk in this vibrant market.
Positive momentum is likely to persist for the day.
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