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SPX performance on the average "Fed day" has exceeded non-FOMC days by 7.5 times (see chart,...

  • Wednesday, September 23, 2009, 3:34 PM ET
    SPX performance on the average "Fed day" has exceeded non-FOMC days by 7.5 times (see chart, via). Though today may be an exception; indexes have sold off and are now between 0.1% and 0.3% in the red.
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DJIA (DIA) S&P 500 (SPY)