12 Reasons Markets Moved This Week

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Dow 11,577 S&P500 1,257 Nasdaq 2,652 Gold 1,421

The markets closed the week flat on light volume. (Markets were closed Friday.) Happy New Year!!

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Now, for the 12 reasons markets moved this week:

Monday

Tuesday

  • Today’s Consumer Confidence survey release missed analyst expectations.Analysts expected a release of 55.8 and were met with a reality check of 52.5. Even though more people were holding shopping bags this holiday season, it appears consumers are still fearful of a fast economic recovery. Your Ultimate Cheat Sheet to Consumer Confidence>>

Wednesday

  • Weather delays hindering travelers and holiday vacation continue to slow the December trading volume on Wall Street. A report released by by the Office of the Comptroller of the Currency and Office of Thrift Supervision discovered Q3 foreclosures were on the rise. The number of completed foreclosures rose to nearly 245,000 in Q3, an 11.2%increase from the prior quarter. Time to checkout: Your Cheat Sheet to the Foreclosure Crisis.

Thursday

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