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Market recap: Stocks retreated from Friday's five-year highs with most key sectors finishing in...

Market recap: Stocks retreated from Friday's five-year highs with most key sectors finishing in negative territory, led by energy and utilities. With little U.S. economic data to parse, investors mostly stayed on the sidelines ahead of tomorrow's start of the Q4 earnings season. Treasury prices, battered in recent sessions, turned down slightly ahead of the week’s government debt auctions.
Comments (2)
  • Short Term Technical Update For Monday, January 7: http://seekingalpha.co...

     

    -Bill L.
    8 Jan 2013, 02:52 AM Reply Like
  • In terms of effective purchasing power or when measured in terms of gold and oil stocks were not near their 5 year highs. It is money illusion that makes it seem so.
    8 Jan 2013, 05:27 AM Reply Like
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