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POLL: Giving Up DJIA 12,000… Do You Care?

Edited for closing bell levels…  The Dow Jones Industrial Average went under 12,000 today for the first time since March 23, 2011 and we are now looking at six straight weeks of losses in stocks.  This represented a drop of…

By Jon C. Ogg
Published June 10, 2011, 3:34pm ET · 1 min read

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Edited for closing bell levels…  The Dow Jones Industrial Average went under 12,000 today for the first time since March 23, 2011 and we are now looking at six straight weeks of losses in stocks.  This represented a drop of about 1,000 points from the peak so far in 2011, but investors need to remember that the DJIA has a 52-week trading range of 9,596.04 to 12,928.50.

Here was a market snapshot at 4:00 PM EST with unofficial closing bell levels:

  • DJIA.  11,954.90 (-169.46; -1.40%)
  • NASDAQ 2,643.73    -41.14; -1.53%)
  • S&P500 1,270.97 (-18.03; -1.40%)
  • 30YR-TBOND  4.18% (-0.04)
  • 10YR-TNOTE  2.971% (-0.027)
  • VIX         18.68 (+0.91)

So, here is what we want to know.  Do you care?

[polldaddy poll=5131830]

JON C. OGG

Contact [email protected] for any questions or corrections.

Jon C. Ogg

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

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