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.
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.
