Last week, DJ reclaimed 10k despite a 26-y high unemployment data of 10.2% on Fri. The mkt was boosted earlier by a bigger-than expccted drop in jobless claims. Lucky Fri or the percention that the job situaiton was as bad as it gets and on road to recovery going forward ? Maybe a firm mkt, slow climb not a big rally till jobs recover.
Commodites were lower after the unemployment data.
This week , no significant data till Thu with the usual Thu's weekly jobless claims, Wal-Mart 3Q09 earning ( +0.81 ), Walt Disnet ( +0.40)
3 years ago
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