U.S Market Update |
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- Equity markets are attempting to regain some composure as evidenced by a higher open in New York. Both the DJIA and Nasdaq bounced back and forth between +0.5% and +2.0% early on, but indicies were giving back gains in mid-morning trading and testing the flat line; for now the situation remains tenuous. During the European session, the Fed attempted to unblock markets and reduce the cost of financing by announcing it would undertake a coordinated liquidity operation with major central banks,
Filed under: Fundamental
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