Equity Markets Drifting
Posted on February 04, 2009 at 09:50 AM EST
The S&P 500 (+13.07 +1.58% to 838.51), DJIA (+141.53 +1.78% to 8078.36), and NASDAQ Composite (+21.87 +1.46% to 1516.30) were all much improved on Tuesday. But, the action was probably the quietest +1.6% rally in recent memory. Perhaps it was the continual selling pressure in the financial sector (XLF), dampening bullish spirits, but the drift ...
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