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SmarTrend Market Close Wrap-up -- June 17, 2011 (DJI,INX,IXIC)Jun 17, 2011 (SmarTrend(R) Market Commentary via COMTEX) -- Last updated June 17, 2011: 4:15 PM ET --- The major U.S. equity indices closed mixed Friday following some progress between European nations preventing a Greek debt default, and following mixed economic reports. German Chancellor Angela Merkel said at a joint press conference with French President Nicola Sarkozy that they want a quick solution to the Greek debt situation and will work to preserve the stability of the euro. The University of Michigan and Thomson Reuters report showed consumer sentiment fell to 71.8 in early June, which was worse-than-expected. The Conference Board's index of leading economic indicators grew 0.8% in May. The Dow Jones Industrial Average (DJI) closed 0.36% higher at 12,004.36, the S&P500 (INX) closed 0.30% higher at 1,271.50, and the Nasdaq Composite (IXIC) closed 0.28% lower at 2,616.48. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |
