Little was decided by day's end on Wall Street. Dow & NAZ hardly changed with advancers about equal to decliners. Oversold stocks from the last few days (banks, REITs, etc.) rallied a little, but that's to be expected. The MLP index which had a nice one week rally, pulled back a point. Investors feel more confident about a rate cut at the month's end FED meeting but there is still plenty to worry about in an economy with major problems. Asian markets are watching the US closely.
No comments:
Post a Comment