The midsession pullback by the greenback helped the stock market recover from a loss of more than 1%. Adove and Dell upgraded. However, the stock market failed to extend the previous session's 1.3% gain. Investors will continue to focus on the dollar and any headlines regarding a bailout for Greece. Weekly jobless claims numbers, which are due today, also remain a point of interest for market players. The daily technical chart looks very bullish.
Thursday, February 11, 2010
Lacking buyers
The midsession pullback by the greenback helped the stock market recover from a loss of more than 1%. Adove and Dell upgraded. However, the stock market failed to extend the previous session's 1.3% gain. Investors will continue to focus on the dollar and any headlines regarding a bailout for Greece. Weekly jobless claims numbers, which are due today, also remain a point of interest for market players. The daily technical chart looks very bullish.
