NOTE: Please click on the charts below to enlarge them if they do not appear clearly.Bullish momentum from Tuesday’s rally spilled into yesterday morning’s session, but traders sold into strength in the afternoon, causing stocks to finish lower. The S&P 500 reversed its 1.0% intraday gain into a closing loss of 0.9%. The Dow Jones Industrial Average and Nasdaq Composite followed similar intraday patterns, finishing lower by 0.4% and 0.5% respectively. The small-cap Russell 2000 fell 1.0%, but also gained the most on Tuesday. The S&P Mid[...]
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[Source: The Money Blogs]
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