San Diego State University’s Independent Student Newspaper Since 1913

The Daily Aztec

San Diego State University’s Independent Student Newspaper Since 1913

The Daily Aztec




San Diego State University’s Independent Student Newspaper Since 1913

The Daily Aztec

Finance News – 10/12/2011

San Diego-based companies Jack in the Box (JACK) and Sony (SNE) were trading down 10 cents at 20.45 and up 38 cents at 19.38, respectively.

Stocks were down slightly as of yesterday morning as investors anticipate a key vote in Europe to expand the euro zone rescue fund. This comes after the indexes made huge gains on Monday, including a 330 point increase on the Dow Jones Industrial Average after German and French leaders agreed to help ailing banks.

The DJI was down 37 points at 11,395, the NASDAQ is off by almost two points at 2,564 and the S&P 500 is down by four points at 1,190.

Gold is backing off slightly after a sizeable gain on Monday. It is currently trading around $1,662 per ounce.

Bond yields were also slightly higher at 2.15 percent.

— Compiled using Monday’s close and Tuesday’s open by contributor Chet Galloway.

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San Diego State University’s Independent Student Newspaper Since 1913
Finance News – 10/12/2011