dow2664
Stocks end mixed on Wednesday and fall Thursday as uncertainty increases. Although corporate earnings and jobless claims remain positive, stocks continue to fluctuate due to nervous anticipation. Investors primary concern will be addressed November 3rd, when the Fed is scheduled to release it’s economic stimulus plan. Investors have speculated that the Fed would roll out another round of bond purchases but fear the plan may not be as aggressive as initially anticipated. Reports indicate that the market will continue to be driven by the anticipated stimulus until a definitive plan is made. The Feds plans are not the only issue worrying investors as the November elections are right around the corner. The potential changes in political party could greatly affect the direction of policies across the boards. Approaching close the indices are all in the red with increased volatility noted. NASDAQ is down 1.16 to 2,502.14. S&P 500 is down 1.33 to 1,181.12. DJIA is down 26.26 to 11,100.02. The Treasurys 10 year yield is down 0.05 to 2.67%. Oil is up 0.04 to $81.98. Author: Pamela Frost
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