Posted on 09/15/2009 5:57:55 AM PDT by fiscon1
Domestic equities shook off the news from much of the rest of the world and ended the day up yesterday. The gains were modest, between a quarter and a half a percent, but that's much better than the near across the board losses the rest of the world suffered. This morning the three indices were bouncing from being up marginally to being down marginally until about ten minutes ago. Now, all three indices are up about one half a percent. The August producer price index just came out and it's up 1.7%. That was mostly up on the rise of gasoline. Taking away the price of gasoline and the "core" number was up .2%.
(Excerpt) Read more at theeprovocateur.blogspot.com ...
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