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Market Commentary: Markets Remain In The Red All Day, Trading In Extremely Narrow Range
Wednesday, March 4, 2015 15:07
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Written by Gary
Closing Market Commentary For 04 Mar, 2015
Nasdaq and the $RUT end lower by -0.3%, while the DOW is off 106 points. The SP500 was off -0.4% on low to moderate volume at the close. Investors are generally looking to see the markets do its correction thing after reaching new highs.
By 4pm the session ended with trading all afternoon in a very narrow zone and remaining in the red. There was a heavy burst of buying right at the end, but it isn’t a harbinger of things to come, more likely a down session tomorrow.
Source: http://econintersect.com/b2evolution/blog5.php/2015/03/04/market-commentary-markets-remain-in-the-red-all-day-trading-in-extremely-narrow-range
