CLOSING BELL

Dow 10380.43  -139.89, Nasdaq 2265.64  -54.00, S&P 1110.88  -17.27 

The stock market took its lead from the European markets today after all the major European indices fell on continued concerns of the fall-out that Greece will have on other EU nations.

There was good economic news today, non-farm payrolls spiked 290,000 unexpectedly but unemployment also rose to 9.9% from 9.7%.

There was heavy volume in today’s trading with over 2 billion shares being traded.  The VIX, also known as the fear index, measures volatility also surged +25% today.

The higher volatility helped Gold and hurt bond yields today as traders looked for safety going into the weekend.  Gold reached an all time high of $1215 per once before settling back.  Gold ended the day at $1213 per once up +1.3%.  The 10 year Treasury Note rose causing the yield to fall to 3.4%.

Advancing Sectors: None
Declining Sectors: Tech -2.3, Industrials -2.1%, Consumer Discretionary -1.9%, Energy -1.5%, Health Care -1.4%, Materials -1.3%, Financials -1.2%, Telecom -0.6%, Utilities -0.6%, Consumer Staples -0.5%