The major U.S. equity indexes are trading mixed at the mid-session. The indexes moved sharply higher into the opening, but all three began to retreat shortly after the opening as the buying quickly driven up due to valuation concerns. Most of the downside pressure was attributed to weakness in the technology sector. Higher markets in … Continue reading S&P 500; US Indexes Fundamental Daily Forecast – Indexes Retreat from Highs Led by Tech Sector Weakness
The European stock markets are up across the board with the Italian Index leading the way as the government has finally managed to come to the aid of couple of banks that were in trouble. This not only helped to save the banks and its clients but also clearly showed the intent of the government … Continue reading Market Snapshot – Euro Stocks Move Higher As Fears Recede
After falling for three consecutive trading days, the S&P 500 closed positive on June 23. Six out of 11 of the S&P 500’s major sectors closed with losses.