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31May2016 Market Close: Wall Street Mixed, Small Caps Gain, WTI Crude Falls Sharply On Rumors, SP500 Can't Break Above 2100

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Written by Gary

Markets closed mixed with the DOW down 92 points, the Spooze down 0.2% and the Nasdaq up 0.1%. Crude prices tumbled after scare rumors and settled with a loss at $49.10 a barrel. The SP500 remains below 2100, closing today at 2096 dashing any hopes the bulls might have had for climbing above the resistance seemingly unable to break decisively above 2090.

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 more WWRT

What We Read Today 30 May 2016

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).

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Every day most of this column ("What We Read Today") is available only to GEI members.

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 more features, analysis, studies, and news published in the last week

Denver Official Guilty Dog Video

Someone helped themselves to the kitty Cat treats! Let's see who cracks under pressure? I have had dogs that had consciences just like Denver.

Infographic Of The Day: What Is Hiding In Your Carpet?

Your carpet might look clean, and you might not notice an odor coming from it, but that does not mean that it is really clean inside.

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Video of the Day:

Someone helped themselves to the kitty Cat treats! Let's see who cracks under pressure? I have had dogs that had consciences just like Denver.


video of day picture





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 more investing, markets, precious metals & forex

31May2016 Market Update: US Averages Slide Into Negative Territory, Crude Tests $50 As The US Dollar Rises And Factory Activity Seriously Slips Along With Consumer Confidence



 more opinion

Is There Hope? Take The Renewable Energy Survey

by Reverse Engineer, Doomstead Diner

One of the biggest controversies among people who are aware of the Energy problems we face moving into the future is whether Renewable Energy (RE) can substitute for the Fossil Fuels (FF) we currently use to run our Industrial Lifestyle and Civilization. Can they produce enough energy, can we transition to them fast enough, can they replace all the things we use fossil fuels to power?


--------------------- Take the New Renewable Energy Survey HERE ----------------------


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 USA economy at a glance (boxed items are updates in last 7 days)

May 2016 Texas Manufacturing Survey Manufacturing Tumbles. Now In Contraction.

Of the five Federal Reserve districts which have released their May manufacturing surveys - all are in contraction. A complete summary follows.

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