Friday, February 17, 2012

Europe Credit Crisis Worries As the Stock Market Ends Week On a Mixed Note

Europe a situation we will be watching. Hoping for a resolution, but for this point, there seems to be a waiting game. We may not be any closer to gaining a solution for the woes in Europe that have befallen the economic structure. Credit across the board is not as strong as it used to be. Especially in Greece, a problem that has been documented previously on this blog. The credit crisis in Europe is a pretty damning situation.

Will it ever end? That is a question that many have had over the past several years. Let us hope that eventually we will get more room to breath. Many do have a feeling that as far as the world is concerned, the worst may be yet to come.

Stock Market Report 2/17/12. 

The Dow Jones and the S and P 500 find themselves gaining ground, with the Dow Jones in spitting distance to 13,000. Will the Dow Jones hit that magical number next week? We're just going to have to wait and see.


Dow Jones: 12,950.78(+46.70)
NASDAQ: 2,957.78(-8.07)
S and P 500: 1361.22(+3.18)