The stock market spent the Wednesday session under selling
pressure as a tumble in crude oil fueled a retreat in the broader market.
Meanwhile, hawkish commentary from St. Louis Fed President Bullard (FOMC voting
member), the underperformance of the heavyweight financial sector (-0.8%), and
some below-consensus earnings results led the averages to their worst levels of
the day. The Nasdaq Composite (-1.1%) ended the Wednesday affair behind both
the S&P 500 (-0.6%) and the Dow Jones Industrial Average (-0.5%).
Stocks fell today as declining issues outpaced advancing
issues on the NYSE by 2.9 to 1. Small-cap stocks outperformed
large-cap stocks although both lost ground. The S.&P. 500 lost 0.64%
to finish at 2,036.71. Among individual stocks, the two top
percentage losers in the S.&P. 500 were Chesapeake
Energy Corporation and Freeport
McMoRan Copper & Gold Inc
$tockMarketDirection proprietary model is currently sign-up and subscribe. We strongly encourage you to monitor
positions closely, exercise proper money management strategies and follow us at $tockMarketDirection for ALERTS we
may issue advising a change in the current market direction. Stay tuned
and follow us. If you have a testimonial
or comment of how this website has
benefited you we would like to know, write us.
The all-time subscribe
since our initial recommendation to go sign-up and subscribe this market. Here is how the markets have
performed:
Related Link: http://www.stockmarket-direction.com/
No comments:
Post a Comment