28 May 2022
1300 794 893

Inside Markets

Switzer Daily
19 June 2009

 US investors showed caution in Tuesday's session over ongoing concerns about car manufacturers and the banks. Technology stocks declined, but blue-chips made gains. 

The Dow Jones gained 50 points, or 0.6%, to 8469. 

The Nasdaq composite lost 15 points, or 0.9%, to 1715. 

The S&P 500 index was steady at 908. 

Financial stocks were responsible for most of the market movement on Tuesday. Citigroup shares fell after revealing it was to make new loans using $45 billion in Troubled Asset Relief Program (TARP) funds.

The US will get April retail sales on Wednesday. Steady sales figures are predicted after they fell by 1.2% in March. 

The Oz dollar is up to 76.64 US cents.

I’ll offer my budget views tomorrow after having a good look at all the information available.

Have a great day,


Want to know the 5 Stocks Peter Switzer & Paul Rickard are buying in 2022?

We're giving you FREE access to find out which stocks our Switzer Report experts think have the highest upside in October and beyond!

Get the latest financial, business, and political expert commentary delivered to your inbox.

When you sign up, we will never give away or sell or barter or trade your email address.

And you can unsubscribe at any time!
1300 794 893
© 2006-2021 Switzer. All Rights Reserved. Australian Financial Services Licence Number 286531. 
homeshopping-cartphoneenvelopedollargraduation-cap linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram