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Trading News

September 10, 2012  Mon 12:14 AM CT

SPX: SEE CHART GET CHAIN
U.S. equity indexes ended mixed Friday but mostly held onto their gains from rallies earlier in the week as a weak job report raised expectations of further stimulus measures from the Fed.

The S&P 500 added 5.80 points to close at 1437.92, its high of the day. The 0.4 percent gain took the index to its highest level since January 2008.

The Nasdaq 100 hit a new high of 2829.95 off the open but ended up closing at 2825.11, down 4.60 points, or 0.16 percent. Heavily weighted Intel cut its third-quarter revenue guidence before the open, but gains by Google and Apple helped counter the effects of the chip giant's losses.

The Russell 2000 again outperformed its large-cap counterparts. The small-cap index rose 4.32 points, or 0.52 percent, to close at 842.27.

S&P 500
Resistance is now 1440, followed by 1443.50, 1445, and 1450.
Ssupport is now 1435, followed by 1433.39, 1426, and 1423.08.
Nasdaq 100
Resistance is now 2829.95 (Friday's high), followed by 2833, 2840, and 2845.
Support is now 2825, followed by 2816.22, 2809.54, and 2800.
Russell 2000
Resistance is now 843, followed by 843.78 (Friday's high), 845, and 847.92 (2012 high).
Support is now 841, followed by 838, 834.10, and 830.07.


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