Wednesday, September 20, 2006

 

Fed Day

U.S. stocks ended lower Tuesday as a sales warning from Yahoo Inc. saw the Nasdaq snap a seven-session winning streak, but a sharp drop in oil prices helped the market recover from its lows of the session.

The SPX finished down 2.87 at 1318.31.

Today is a big day. It is widely thought that Fed will hold rates but its the comments after we need to be concerned about.

Until next time.





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