Wall Street weakened Light at the End of Quarter I-2011?

Nurul Qomariyah York - Wall Street closed the trading quarter of 2011 with an attenuation-thin. Investors are waiting for the unemployment rate which will be released Friday to be a catalyst.
In trading Thursday (03/31/2011), the Dow Jones fell 30.88 points, thin (0.25%) to the level 12319.73. The broader Standard & Poor's 500 index also fell 2.43 points (0.18%) to a level of 1325.83 and the Nasdaq rose 4.28 points (0.15%) to a level of 2781.07.
After strengthening to 5.4% during the first quarter of 2011, the S & P 500 is only spinning at 1330 levels. Investors such as waiting for the moment of discharge of labor rates to go even further.
Throughout March, the Dow Jones rose 0.76%, S & P 500 down 0.1% and the Nasdaq fell 0.04% thin. For the first quarter of 2011, carrying the Dow Jones rose 6.4%, S & P gained 5.4% and Nasdaq rose 4.8%.
"The market has been circling in the area before. Unless we get a bad rate tomorrow, the market will progress to its highest point," said Jim Paulsen, chief investment officer at Wells Capital Management, as quoted by Reuters on Friday (01/04/2011) .
Trading was very thin, with transaction volume of only 6.9 billion shares, below the estimate of last year which amounted to 8.47 billion shares.
The shares of retailers are in the ranks of the worst performance in trading yesterday, shares of Carmax Inc. triggered a decrease to 7.2%. S & P Retail Index fell 0.76% was recorded, Morgan Stanley retail index also fell 1.1%. source: detik.com
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