Yesterday, the market rallied nicely into the close. Today, the market got a small bounce at the open, but the Consumer Confidence report took some wind out of the market’s sail. It was reported at 87.9, down from 90.6 in December.There were some solid earnings reports last night and this morning from American Express, 3M, EMC , etc. The big disappointment was VMWare (VMW), which lowered guidance just a bit but its highflying stock got crushed.The Fed is starting their 2-day meeting today, with the a[...]
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[Source: The Money Blogs]
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