News update – 7 Oct 10

Wall Street Update and Outlook Previous close Chg % chg DOW 10,967.65 22.93 0.21% Nasdaq 2,380.66 -19.17 -0.80% S&P 1,159.97 0 0.00% Source: Yahoo Finance Broader market trade lacked direction in the early going. Stocks were unable to build on the prior session’s big bounce mostly because of disappointment over the September ADP Employment Change. Selling pressure picked up midsession, but both the Dow and S&P 500 were able to retrace the slide. For a time the Dow fractionally extended its five-month high, but the S&P 500 could not confirm the move. In the end, the Dow and S&P 500 […]