(As of 7:25 am PST)
Stocks started today with a
small bounce back from yesterday’s disappointing performance. There is not much in the way of economic data
to guide the market this morning. A mildly
positive economic report from Europe and some merger activity are the
highlights of today’s news in what appears to be a quiet day of trading. Markets are stepping back from their triple
digit gains as analysts continue to mull the chances of a tapering of economic
stimulus. Gold is down slightly, oil up
slightly, and interest rates continue to rise.
Expect a flat day.
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