December 10, 2012 at 15:00 PM EST
Daily Game Plan: Quiet Ahead of FOMC
MARKET CHECK Another day more dull action. After a weekend lacking significant market-moving news the S&P 500 (INDEXSP:.INX) has been trapped in a six-point range today. At present levels the Russell 2000 (INDEXRUSSELL:RUT) and Nasdaq Composite (INDEXNASDAQ:.IXIC) are each up 0.2% and the S&P is flat for the day. Commodities have a slight bid while bonds are also modestly higher for the day. Much of today’s choppy action could be viewed as “the calm before the storm ” as we likely have an eventful rest of the week ahead of us. Tomorrow begins the two-day meeting of the Federal ...
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