Thursday, June 12, 2008

Time To Chill; You Probably Won’t Miss Much

NOTE: Please click on the charts below to enlarge them if they do not appear clearly.Yesterday was a relatively uneventful day, as stocks opened slightly lower, lethargically drifted sideways throughout the session, then finished flat to modestly lower. The Dow Jones Industrial Average eked out a 0.1% gain, but the S&P 500 and Nasdaq Composite lost 0.2% and 0.4% respectively. The small-cap Russell 2000 declined 0.4%, as the S&P Midcap 400 dropped 0.7%. Indicating a lack of commitment among both the bulls and bears, the major indices finished near t[...]

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[Source: The Money Blogs]

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