Market recap: Whether it was a report on a wider insider trading probe, post-Obama letdown,...

|By:, SA News Editor
Market recap: Whether it was a report on a wider insider trading probe, post-Obama letdown, comments from Fitch Ratings or just an overbought market after the S&P's 5% gain in five days, stocks lost earlier gains to finish near the flatline. Bonds were hit hard, the dollar rose, while oil slipped and gold tumbled to $1,410/oz. after hitting $1,430. NYSE advancers led decliners five to four.