News update – 13 Oct 10

Wall Street Update and Outlook Previous close Chg % chg DOW 11,020.40 10.06 0.09% Nasdaq 2,417.92 15.59 0.65% S&P 1,169.77 4.45 0.38% Source: Yahoo Finance Though stocks were quick to recover from an early slide, the broader market stagnated near the neutral line until word of possible quantitative easing pushed stocks into positive ground for a solid finish. Moderate, yet widespread weakness had dropped the stock market for a loss in the early going. Near-term support provided a floor for a rebound, but the S&P 500 struggled to turn positive with the dollar holding out in positive territory. The dollar […]