Late Day Short-Covering Pushes Up U.S. Stock Markets
Posted on June 11, 2010 at 23:43 PM EDT
Friday’s report of an unexpected drop in May retail sales was balanced later by an unexpected increase in consumer sentiment. Today’s trading range was relatively tight, volume was light, but all major stock indices closed higher possibly due to some end-of-day short covering. The demand for safe havens picked up today ...
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