Market settles down - Marketintelligencecenter.com

Market settles down


Stocks are slightly lower this Friday morning, showing no sign of the wild fluctuation that characterized the rest of the week’s trading. Oil rebounded sharply overnight (WTI crude is now trading at $42.73) and there was another strong rally on the Chinese market. These two moves have more or less undone the conditions that led to the market correction, yet clearly, the market is not seeing that as reason enough to jump back to where it was. That makes sense, because at just under 20, the S&P 500’s average P/E hardly screams... Read More



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Stocks are slightly lower this Friday morning, showing no sign of the wild fluctuation that characterized the rest of the week’s trading. Oil...

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