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miércoles, 22 de agosto de 2012

Stocks erase most losses; S&P 500 marginally up


NEW YORK (MarketWatch)
U.S. stocks finished little changed on Wednesday, with the major indexes clearing much of the day's losses after minutes from the Federal Reserve's last meeting included discussion of further monetary easing
"We read something that happened a month ago and think the Fed is thinking about quantitative easing
Yes they were!" said Art Hogan, a strategist at Lazard Capital Markets
Since that meeting, the economic data stream has improved, which for Hogan negates the impression left by the Fed minutes
After an 83-point drop, the Dow Jones Industrial Average fell 30.82 points, or 0.2%, to 13,172.76 The S&P 500 index gained 0.32 point to 1,413.49
The Nasdaq Composite rose 6.41 points, or 0.2%, to 3,073.67                    

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