Read full post at forexlive.com
The major US stock indices are bouncing to the upside, erasing some of the declines for the week. The Dems are giving in and will support the government funding bill avoiding a shutdown this weekend.
Yesterday the S&P officially entered into corrective territory (falling over 10% from its high). The NASDAQ index has seen declines of over 14% from its high at session lows.
The major indices today are retracing some of the declines for the week with the major indices higher at the open. A snapshot of the market currently shows:
For the trading week:
Looking at some of the biggest individual losers this week:
This article was written by Greg Michalowski at www.forexlive.com.
Leave a Reply