{"id":522525,"date":"2010-04-09T16:05:00","date_gmt":"2010-04-09T20:05:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/closing-greece-2010-4"},"modified":"2010-04-09T16:05:00","modified_gmt":"2010-04-09T20:05:00","slug":"closing-bell-heres-what-you-need-to-know-about-todays-huge-rally","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/522525","title":{"rendered":"Closing Bell: Here&#8217;s What You Need To Know About Today&#8217;s Huge Rally"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4af83029000000000005f94f-324-243\/racecarjpg.jpg\" border=\"0\" alt=\"racecar.jpg\" width=\"324\" height=\"243\" \/><\/p>\n<p>First, your scorecard:<\/p>\n<ul>\n<li><strong>DOW: Up 70 points to 10,997, breached 11,000 for a short time.<\/strong><\/li>\n<\/ul>\n<ul>\n<li><strong>S&amp;P: Up 8 points to 1194.<\/strong><\/li>\n<\/ul>\n<ul>\n<li><strong>NASDAQ: Up 17 points to 2454.<\/strong><\/li>\n<\/ul>\n<p>Today&#8217;s big gainers:<\/p>\n<ul>\n<li><strong>S&amp;P 500:<\/strong><br \/>&#8211;<strong>Jacobs Engineering Group Inc (JEC): $47.61 \/ +7.52%<\/strong><br \/>&#8211;<strong>Abercrombie &amp; Fitch (ANF): $49.98 \/ +6.57%<\/strong><br \/>&#8211;<strong>Lexmark Intl. Inc. (LXK): $37.32 \/ +4.48%<\/strong><\/li>\n<li><strong>DJIA:<br \/>-Chevron Corp (CVX): $79.50 \/ +2.37%<br \/>-AT&amp;T Inc (T): $26.44 \/ +1.61%<br \/>-The Coca-Cola Company (KO): $54.59 \/ 1.54%<br \/><\/strong><\/li>\n<\/ul>\n<p>Now here&#8217;s what you need to know before you leave work today:<\/p>\n<ul>\n<li><strong>The Greek crisis is escalating even further going into the weekend<\/strong>. <a href=\"http:\/\/twitter.com\/alaidi\">Rumors<\/a> suggest that the proposed European bailout of Greece is based upon 6% interest rates on three year loans. The EU also plans on charging Greece an additional 100 bps for any year greater than 3 the country takes loans for.<\/li>\n<\/ul>\n<ul>\n<li><strong>Howard Davidowitz has called the positivity over recent retail sales numbers the result of a &#8220;<a href=\"http:\/\/www.businessinsider.com\/henry-blodget-those-sales-numbers-were-horrible-were-going-to-hell-in-a-handbasket-2010-4\">sucker&#8217;s rally<\/a>.&#8221;<\/strong> &#8220;We&#8217;re in a bad place, heading for a worse place,&#8221; he added.<\/li>\n<\/ul>\n<ul>\n<li><strong>U.S. Supreme Court Justice Stevens has announced his <a href=\"http:\/\/www.businessinsider.com\/stevens-retire-2010-4\">retirement<\/a> for this summer<\/strong>. Its likely to make President Obama&#8217;s attempts to pass both financial reform and energy reform difficult, as the polarizing selection of a another Supreme Court Justice occurs just months before the November mid-term elections.<\/li>\n<\/ul>\n<ul>\n<li><strong>China car sales are showing just why oil has been on such a tear<\/strong>. China&#8217;s year-over-year growth in auto sales is now at <a href=\"http:\/\/www.businessinsider.com\/in-case-you-had-any-confusion-about-why-oil-is-surging-this-chart-of-chinese-car-sales-should-clear-that-up-2010-4\">60%<\/a>.<\/li>\n<\/ul>\n<ul>\n<li><strong>Chinese trade data is released <a href=\"http:\/\/www.businessinsider.com\/chinese-trade-data-march-deficit2010-4\">tonight<\/a>, and it may be an early weekend signal of where the yuan revaluation story will go by Monday<\/strong>. Trade imbalances with the United States will be a particularly important statistic to watch for.<\/li>\n<\/ul>\n<ul>\n<li><strong>Bonus: Workers at Carlsberg, the Danish brewer, are <a href=\"http:\/\/news.bbc.co.uk\/2\/hi\/business\/8612531.stm\">striking<\/a> because of a reduction of how much free beer they can drink while on the job.<\/strong> <\/li>\n<\/ul>\n<p><a href=\"http:\/\/www.businessinsider.com\/closing-greece-2010-4#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/liStObh8yE0\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>First, your scorecard: DOW: Up 70 points to 10,997, breached 11,000 for a short time. S&amp;P: Up 8 points to 1194. NASDAQ: Up 17 points to 2454. Today&#8217;s big gainers: S&amp;P 500:&#8211;Jacobs Engineering Group Inc (JEC): $47.61 \/ +7.52%&#8211;Abercrombie &amp; Fitch (ANF): $49.98 \/ +6.57%&#8211;Lexmark Intl. Inc. (LXK): $37.32 \/ +4.48% DJIA:-Chevron Corp (CVX): $79.50 [&hellip;]<\/p>\n","protected":false},"author":6701,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-522525","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/522525","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/6701"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=522525"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/522525\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=522525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=522525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=522525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}