Market Currents

Market recap: Stocks ended mixed in a lackluster session, as investors continued to consolidate...

Tuesday, September 18, 2012, 4:10 PM ET
Market recap: Stocks ended mixed in a lackluster session, as investors continued to consolidate gains after the market's run-up. FedEx warned that a slowdown in global manufacturing activity would hurt its bottom line. Homebuilder sentiment hit a six-year high, but the sector's stocks fell. Treasury prices rose, recouping another chunk of losses suffered last week. NYSE losers slightly outnumbered winners.

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This news story has 4 comments:

wapiti Comments (463)

Amazing to me that we never ever come close to a "sell off'.....only consolidate! Are we setting up for the mother of all selloffs? Complacency abounds!

18 Sep 2012, 04:16 PM Reply Like

Joe Razorback Comments (271)

Agreed, this is looking like the quiet before the storm. I just cant see us smoothly increasing with the Q3 earnings coming, the fiscal cliff, and unrest everywhere in the world.

18 Sep 2012, 04:25 PM Reply Like

wapiti Comments (463)

Probably Bernanke and ther GOVT buying this afternoon to prop up the market...very easy to manipulate with etfs

18 Sep 2012, 04:34 PM Reply Like

Ted Bear Comments (417)

The Fed has your back.

That is all ye need to know.

Until they don't.

18 Sep 2012, 05:03 PM Reply Like

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