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Economic Spin: Markets See Gloom While Fed Sees Some Light

 

SAN FRANCISCO -- Today was a difficult day, from both a personal and a market-related perspective.

On the market front, the Dow Jones Industrial Average rose 0.3% to 9515.42 after trading as high as 9625.90 and as low as 9375.72. The S&P 500 closed down 0.3% to 1103.25 after trading as high as 1117.50 and as low as 1091.99. The Nasdaq Composite Index closed down 2% to 1638.80, after trading as high as 1698.21 and as low as 1619.58.

Obviously, expectations for a rally to follow yesterday's heavy losses proved overly optimistic, yet again. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
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Oil *
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UP
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UP
6.40
UP
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UP
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