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Re: What happened to the DOW during those last few minutes of trading...

By: clo in FFFT | Recommend this post (0)
Wed, 27 Nov 13 2:27 AM | 47 view(s)
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Msg. 58329 of 65535
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Stocks trimmed gains in the final 30 minutes of trading as investors sold U.S. equities to mimic changes in MSCI indexes that take effect at the close today.

Apple Inc., Oracle Corp. and Exxon Mobil Corp. are among companies that face the biggest decrease in weighting in the MSCI review, according to Societe Generale SA.

Three rounds of Federal Reserve bond purchases have helped push the S&P 500 up more than 166 percent from a bear-market low in 2009. Four out of five investors expect the Fed to delay a decision to begin reducing the stimulus until March 2014 or later, according to a Bloomberg Global Poll on Nov. 19.

Policy makers have been scrutinizing data to determine whether the economy is strong enough to withstand a reduction in their $85 billion a month in bond purchases.

http://www.bloomberg.com/news/2013-11-26/u-s-stock-futures-little-changed-before-confidence-data.html




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The above is a reply to the following message:
What happened to the DOW during those last few minutes of trading...
By: oldCADuser
in FFFT
Wed, 27 Nov 13 2:07 AM
Msg. 58328 of 65535

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