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Dip buyers lost the battle in the US equity market today
Closing changes:S&P 500 -07%DJIA -0.5%Nasdaq Comp -1.1% Russell 2000 -0.9%Toronto TSX Comp +0.4%The bulls bought the dip twice today but jitters ahead of tomorrow's CPI report won out and stocks finished just above the midday lows.More broadly, there was a taste of the 2022 market today as oil prices and commodity producers made gains while the broader market stressed about inflation. This article was written by Adam Button at www.forexlive.com...
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Posted: Aug 9 2023, 20:08
Author Name: forexlive
Views: 112245