Another week of consolidation. It seems that investors are afraid to commit during this end of the year period and the stocks end up mixed for the week. The S&P 500 index closed this week at 1102, down 0.36%, the Dow Jones Industrial Average decrease 1.36%, and the Nasdaq composite index gain 0.98% for the week.
Technology sectors were strong for the week due to better-than-expected earning announcements from RIM and Oracle. The emergent markets lost their shine this week due the strong dollar.
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