Wednesday gave us a split market with the Nasdaq red and the S&P 500 along with the Dow closed red. Volume was higher on the Nasdaq and the NYSE, leaving an accumulation day on the Nasdaq and distribution on the NYSE. Crude closed up 99 cents at $81.25 a barrel and Gold was up $2.80 at $745.90 an ounce. Strange day really lackluster for the most part and left us in a narrow range. Into Thursday data picks up and should give us a wider range and the market will await inflation data Friday morning with GEs earnings. The Dow was very weak on Wednesday[...]
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[Source: The Money Blogs]
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