- Check that. Far from little-changed, traders use some real or imagined hint from the Fed statement to take a break from buying low and selling high, with the S&P 500 (SPY -0.7%) diving nearly 1% in a matter of minutes.
- Perhaps at work here - and we're grasping at straws - is the removal from the statement of a line expressing concern about tightening financial conditions.
- The Dow (DIA -0.6%), Nasdaq 100 (QQQ -0.4%), and Russell 2000 (IWM -1.5%).
- Index ETFs: IVV, SPY, VOO, RWL, SFLA, SSO, UPRO, SDS, SPXU, SH, EPS, RSP, BXUB, BXUC, BXDB, DIA, DDM, UDOW, DXD, SDOW, DOG, QQQ, QQEW, TQQQ, QID, SQQQ, PSQ, QLD, QQQE, IWM, VTWO, EWRS, SRTY, TWM, RWM, TNA, URTY, UWM, TZA, SMLV, TWOK.
Fed statement a good excuse to take profits
Oct 30 2013, 14:31 ET