Yet the sun will come up tomorrow. Melissa what did they offer to switch you over . It is really about the suite of services the nasdaq offers as well as support toward Investor Relations and we felt as we made that comparison, a company like ours is better off served on the nasdaq. Melissa i talked to a lot of other folks that went on the nasdaq because fees were lower. Did that play any part in it . It is a slight difference, melissa. It is not significant. What we saw the is suite of services and support they gave our investors really helped us in the long run. Melissa you dont have any reservation now . Have you talked to them about what happened today . Reservations, sure, you never like to see problems but they have been very responsive to our questions. They made sure we knew what was going on. That is all. Melissa really . They have gone radio silence on everybody else. What did they tell you . Matter of an email with Technology Issues and theyre working diligently apas they ca
We were down 3 on the s p 500. Lets put up the Dow Jones Industrial average. Not today. Not because we had any positive news we just didnt have much news. We didnt have a lot of headlines around syria. Lets call it a relief rally. Put up the full screen. Did droop a little bit. Lack of headlines for syria is what was lifting the stock market today overall. Weve seen a gap between secretary of states announcement a couple of days ago and actually action and today that worked to everybodys benefit. Not clear if were going to wait or the u. N. Or go it alone. Jobless claims are tomorrow. We need some good news on the economic front because we had lousy durable goods, pending home sales. We better get a decent number. Below 330,000. Fed paper has got to be in some serious trouble. Lets look at the yields on the ten year. Yields up today, prices on the down side here. Reversing that risk anxiety around syria but this isnt going last. If we get a poor number tomorrow on the jobless claims i
Another 13year high. And the s p 500 index closing in unchartered territory with a gain of just two points, but a new record of 1,682. The blue chips close at an alltime high for a thirdconsecutive session. Lets get to bob and talk about whats moving the markets. The important thing is, the data was very choppy. Retail sales a real disappointment, although Retail Stocks werent down that much. June was a disappointment, i mean, on retail sales. The china gdp came in where the government said it would. 7. 5 . That was a blip, particularly to the emerging markets. The major indices today. Youll notice something unusual. Utilities are leading, and i think most people agree that thats because of the heat wave that weve been having. Put up some of the utility stocks, con ed said they were prepared for the possibility there could be Power Outages in new york city. So con ed, for example, put up some of the utility stocks, all are moving to the upside. Most of the utilities are up 1 , 2 . Chin
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