Tuesday, June 2, 2009

Stocks boosted by housing, autos

http://money.cnn.com/2009/06/02/markets/markets_newyork/index.htm

Stocks have gained on Tuesday advancing after a downfall, but managed to come back up after a positive housing report and a series of not so bad auto sales reports. This gave investors some hope. The Dow Jones industrial average (INDU) added 19 points or 0.2% according to early tallies. The index briefly turned positive for the year for the first time since Jan. 7. The S&P 500 (SPX) index added 2 points or 0.2%. The Nasdaq composite (COMP) gained 8 points, or 0.4%. I chose this article because it was a feel good read. I do agree with this article because it gives investors hope. The information was presentd fairly and it was accurate. I would use CNN again.

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