NOTE: Please click on the charts below to enlarge them if they do not appear clearly.Stocks built on the previous day’s losses yesterday, as several key breaks of price support in the major indices served to intensify the selling. After opening higher, most of the broad-based indexes held above their prior day’s lows throughout the first half of the day, but stocks tumbled after the 2:00 pm ET release of the minutes from last month’s meeting of the Federal Open Market Committee. As it had already indicated, the Fed confirmed they’re done lowering interest rates for a whil[...]
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[Source: The Money Blogs]
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