Monday, August 10, 2009

Monday Morning

S&P 500 is now down 3.72 at 1006.65. The lack of news and the weakness in the European bourses also had an impact on the participants, as they doubled their efforts and drove S&P below 1,010 level again. U.S. dollar is trading with some moderate gains, up 0.25% at 79.10.

Meanwhile Dynegy (DYN) reported a second quarter loss of $0.41 a share. According to the Briefing.com, the company has entered into an agreement to sell their assets.

Energy, Financial and Health Care sectors are in green supporting the market at this 1,010 level. The volume at the exchange is quite low today