Market Lolls Around
Every day can't be a parade of important news items and dramatic market moves. In fact, those days are in the minority. Yet financial reporters, bloggers, and the like have to come up with something to say - a reason why markets did what they did, even if it's just blather.
Most markets didn't do a heck of a lot today, and there were few earthshaking developments. Trump and Sanders won New Hampshire; yawn. Fed head Yellen wants to put upward pressure on interest rates to support the narrative of a strong economy, but doesn't really want to raise rates due to chilly economic winds originating in China. Not news to anyone.
Japan added 2% more to its big drop yesterday, but otherwise most world stock markets had uneventful days. European stocks were mostly higher; US markets mixed. Coming into the close, the Dow is down half a percent, NASDAQ is up ... Log in or subscribe to continue reading.
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