Markets closed flat on Wall Street: DJI +0.09% SP500 +0.10% Nasdaq +0.15% Gold 0.00%
The markets were flat because:
- 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.
- The S&P 500 is headed for its best December since 1991. The S&P has gained 6.8% this month and rose in 17 of the last 20 trading sessions. Learn how U.S. companies dodge repatriation taxes>>
- Gold (NYSE:GLD) barely had a heartbeat today. But this rare earth miner delivered major upside. Don’t Miss: What Bubble? Commodities Have More Upside in 2011 >>
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