Futures were down more than 30 points today but bids came at the open and now the S&P 500 has fought its way all the way back to flat. The Nasdaq is up 0.2%.
Rising bond yields had the market a bit off balance but with stocks on a six-week winning streak, the bulls are buying every dip as there is no sign of a recession or inflation and the Fed is cutting rates.
This article was written by Adam Button at www.forexlive.com.
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This article was written by Greg Michalowski at www.forexlive.com.
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