3 ordspråk av Joseph Stocke
Joseph Stocke
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The combination of large deals and a decline in oil prices was the highlight of today's trading session. The week started on a more positive note, with good news on both corporate and economic fronts.
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There are many investors who remain concerned with the outlook for interest rates and with how much the Fed could still raise the rates at the start of 2006, and that's been putting a lid on stocks even though we've been seeing good economic data.
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I wouldn't be surprised to see the market pause next week, unless we get some positive news. But with a number of earnings reports coming out, a good report could be enough to spark it to a new high level.
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