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Dow 10,376.67 -3.76 (-0.04%)
Nasdaq 1,995.70 +0.10 (+0.01%)
S&P 500 1,133.07 +1.06 (+0.09%)
10-Yr Bond 4.726% +0.040
12:30PM: Lunchtime trading has compressed the market further as the broader market holds at the low end of the day's range...Not that much has changed in the last 30 minutes as the markets hold relatively unchanged... Following Japan's lead, Europe closed with moderate gains running on Greenspan's interest rate comments while the dollar continues to recover as traders anticipate yesterday's move may have been a little extreme... This morning's positive earnings and economic data was just not enough to spark buying...It is likely going to take something special to force a breakout of today's range...NYSE Adv/Dec 1533/1570, Nasdaq Adv/Dec 1396/1511
and the "traders" thought yesterday's fall was "too steep" so that is why the dollar is up.
Why didn't I think of that? :shakeshead:
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