Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Market recap: Stocks tipped modestly lower after a surprise contraction in U.S. GDP reinforced...

  • Wednesday, January 30, 4:10 PM ET
    Market recap: Stocks tipped modestly lower after a surprise contraction in U.S. GDP reinforced the Fed's decision to maintain its bond-buying program. Despite a run of strong corporate earnings, the GDP data fanned concerns about the economy's ability to absorb higher taxes and potential cuts in government spending. The euro rose to a 14-month high vs. the dollar on signs of tightening in the euro zone.
Track new comments on this story

This news story has 1 comment:

  •  
    Short the Russell index futures and making money. The index turned negative at market open, is a leading indicator. Will be watching follow through in the next two sessions, taking profit if there is a break back up.
    30 Jan, 05:26 PM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)
Latest Articles
More Latest Articles »