A one-track market was linked to European affairs this week,with very choppy conditions prevailing.Even so,all the major indexes were up for the week,with the Dow garnering a 2.3 rise,and the NASDAQ climbing 3.6 as the S&P notched 2.2.All the major overseas markets rose as well.Until the Eurozone debt arrangements are actually implemented,the U.S. markets are unlikely to settle down.Triple digit swings may be expected to continue,regardless of positive economic data,such as today's retail sales report showing an increase for the seventh straight month.The days of Fortress America are long over.Today there are nothing but bridges to distant territories.
In college baseball,Miami was wishing it was distant from Georgia Tech tonight.The Yellow Jackets were pounding the Hurricanes 13-1 as a rain delay stopped the 6th inning.ESPN was already talking about college football,while the S&P futures headed down 21.50 and bond futures gained.
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