Two Intriguing Charts
The DJIA and S&P 500 finished with small losses, and the Nasdaq Composite ended slightly higher Wednesday. All in all, it was another constructive session for stocks after the Fed, as expected, decided to extend Operation Twist in its efforts to keep borrowing costs low.
It was a mostly quiet session in Europe overnight, but it was a different story in Asian markets. China's Hang Seng and Shanghai Composite fell 1.3% and 1.4%, respectively, after the initial reading from China's manufacturing PMI fell to 48.1 in June from a final reading of 48.4 in May, according to HSBC....370 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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