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Daily Recap

Daily Recap

Stock markets as a whole didn't do a heck of a lot today, but intraday and within certain sectors, there was some pretty exciting action. The main features today were continuing concern over China's debt-ridden and slowing economy, higher oil prices, and what the ECB will decide about interest rates and the money supply for Europe tomorrow.

 

 

Not a lot of action today in world markets, although as this daily chart of the Global Dow shows, stocks have had a pretty good run the last couple of weeks. But now GDOW is up against some old resistance, so it's not surprising to see backing and filling, sideways action.

 

Today marked the 7-year anniversary of the beginning of the US bull market - which some people still claim is alive and well -- at the bottom of the Great Recession in 2009. US stocks traded lower earlier in the day, but ... Log in or subscribe to continue reading.


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