Minyanville's T3 Daily Recap: Market Remains Quiet as Meat of Earnings Season Awaits
The market ended its two-day losing streak Wednesday but remained very quiet. The S&P (INDEXSP:.INX) finished 0.26% higher. After some early strength the indices drifted in a tight range for the remainder of the session. Ultimately these last three days were simply rest for the market after a volatile period surrounding the fiscal cliff situation. Alcoa (NYSE:AA) kicked off earnings season last night with a basically in-line report but finished with a 0.22% loss today despite opening higher. The real meat of earnings season gets going next week and bank earnings will be interesting to watch early in the ...
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