{"id":525475,"date":"2010-04-12T16:08:00","date_gmt":"2010-04-12T20:08:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/closing-bell-stocks-get-whipsawed-while-greece-looks-to-a-bright-future-2010-4"},"modified":"2010-04-12T16:08:00","modified_gmt":"2010-04-12T20:08:00","slug":"closing-bell-the-dow-holds-11000-heres-what-you-need-to-know-aig-nyx-luk-cat-aa-ge","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/525475","title":{"rendered":"Closing Bell: The Dow Holds 11,000, Here&#8217;s What You Need To Know (AIG, NYX, LUK, CAT, AA, GE)"},"content":{"rendered":"<p><strong>DOW 11,000!<\/strong><\/p>\n<p>First, your scorecard:<\/p>\n<ul>\n<li><strong>DJIA<\/strong>: Up 8 points to 11,006.<\/li>\n<li><strong>S&amp;P 500<\/strong>: Up 2 points to 1196.<\/li>\n<li><strong>NASDAQ<\/strong>: Up 3 points to 2457.<\/li>\n<\/ul>\n<p>Today&#8217;s big gainers:<\/p>\n<p><strong>S&amp;P 500<\/strong>:<\/p>\n<ul>\n<li>American International Group (AIG): $43.89 \/ +9.83%<\/li>\n<li>NYSE Euronext Inc (NYX): $32.26 \/ +5.74%<\/li>\n<li>Leucadia National Corp (LUK): $26.99 \/ +5.51%<\/li>\n<\/ul>\n<p><strong>DJIA<\/strong>:<\/p>\n<ul>\n<li>Caterpillar Inc (CAT): $66.82 \/ +2.37%<\/li>\n<li>Alcoa Inc (AA): $14.62 \/ +1.60%<\/li>\n<li>General Electric Co (GE): $18.80 \/ +1.51%<\/li>\n<\/ul>\n<p>Commodities round up:<\/p>\n<ul>\n<li><strong>Oil<\/strong>: $84.24 \/ -$0.68 or 0.80%<\/li>\n<li><strong>Gold<\/strong>: $1155.20 \/ -$6.70 or 0.58%<\/li>\n<li><strong>Silver<\/strong>: $18.16 \/ -$0.19 or 1.04%<\/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>Pimco&#8217;s Mohamed El-Erian has questioned the Greek bailout package suggesting that it only deals with short term funding concerns, rather than its <a href=\"http:\/\/www.reuters.com\/article\/idUSN1218741920100412\">underlying government insolvency<\/a><\/strong>.<\/li>\n<\/ul>\n<ul>\n<li><strong>Germany is bearing the burden of the Greek bailout handling <a href=\"http:\/\/www.businessinsider.com\/merkel-toast-2010-4\">8.4 billion euros ($11.4 billion)<\/a> of the 30 billion euro ($40.8 billion) Greek assistance package<\/strong>. Pressure is rising on Chancellor Merkel, who had previously said no to any significant part in helping Greece.<\/li>\n<\/ul>\n<ul>\n<li><strong>Palm&#8217;s price has gone up <a href=\"http:\/\/www.businessinsider.com\/palm-is-up-20-which-is-only-a-dollar-2010-4\">20% toda<\/a>y on rumors the company is about to be bought<\/strong>. The company has hired <a href=\"http:\/\/www.businessinsider.com\/henry-blodget-palm-palm-now-officially-on-the-block-2010-4\">Goldman Sachs and Quattrone&#8217;s Qatalyst Group<\/a> to sell the company.<\/li>\n<\/ul>\n<ul>\n<li><strong>President Obama plans on using this week&#8217;s nuclear summit in Washington to push Chinese President Hu Jintao on the issue of <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/70a15010-4661-11df-9713-00144feab49a.html\">Iranian sanctions<\/a><\/strong>. There were some concerns that China would not attend the conference after offensive U.S. moves in previous months, including the Dalai Lama&#8217;s meeting with President Obama.<\/li>\n<\/ul>\n<ul>\n<li><strong>While the Dow may have held 11,000 today, Hussman is saying the market is in for a <a href=\"http:\/\/www.businessinsider.com\/hussman-correction-2010-4\">painful correction<\/a><\/strong>. Investors are relying on the economy to continue to be strong, so they will get hit even harder.<\/li>\n<\/ul>\n<p><a href=\"http:\/\/www.businessinsider.com\/closing-bell-stocks-get-whipsawed-while-greece-looks-to-a-bright-future-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\/F8pRe99lG2w\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DOW 11,000! First, your scorecard: DJIA: Up 8 points to 11,006. S&amp;P 500: Up 2 points to 1196. NASDAQ: Up 3 points to 2457. Today&#8217;s big gainers: S&amp;P 500: American International Group (AIG): $43.89 \/ +9.83% NYSE Euronext Inc (NYX): $32.26 \/ +5.74% Leucadia National Corp (LUK): $26.99 \/ +5.51% DJIA: Caterpillar Inc (CAT): $66.82 [&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-525475","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/525475","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=525475"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/525475\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=525475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=525475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=525475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}