Market Review for 1st July (USA)
Posted on July 1st, 2008 by admin
The major averages finished mixed and the DJIA closed out the month with the worst performance for June in 78 years.
Stocks rallied early on some encouraging economic news, the June Chicago purchasing manager index was reported at 49.6, just shy of the 50 level, which indicates expanding manufacturing activity.
Helping the rally was oil prices pulling [...]
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