April 22, 2010
U.S. stock indices are called lower after a lackluster performance on Wednesday. Worries are the healthcare industry put a drag on the S&P 500 and Dow. Several
healthcare companies issued lower futures earnings because of uncertainty over how much the new government healthcare plan will cost the economy.
U.S. stock indices finished mixed on Wednesday. While the NASDAQ remained firm throughout the day on the heels of strong earnings from Apple, the S&P 500 floundered
because of weaker financial stocks. Traders were also nervous over the outcome of the proposed financial regulation bill before Congress.
Many traders feel that this week’s rally may have been too much too fast which could be the reason behind today’s slow trade. The question will be whether investors want
to chase this market higher or wait for a correction before entering.
June Treasury Bonds and Notes continue to trade sideways to better. Traders are watching the stock market and the situation in Greece for direction. Gains have been
limited because of the massive …
