Market Currents
Market recap: The Dow and S&P recovered from a morning slide to extend their multi-year...
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Tuesday, January 22, 4:15 PM ETMarket recap: The Dow and S&P recovered from a morning slide to extend their multi-year highs, as earnings from materials stocks such as DuPont and Freeport beat expectations, which could mean the economy is stronger than realized. The dollar fell vs. the yen as the Bank of Japan plans to start asset purchases later than expected. Crude oil pushes past $96, highest in more than four months.
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Stay tuned for the "Short Technical Update" tomorrow.
Lastly, ever want to ask a trader a question? I'm taking general trading questions for a podcast where other traders and myself will talk it over and try and give the less experienced some answers.
-Bill L.