The early mood among market players was positive. Bernanke said interest rates can stay low for a while. The dollar's turnaround stirred profit-takers to action. Qcomm surged 5% after it increased its earnings outlook.After the close, Oracle reported weaker earnings that beat forecasts and higher revenue that also topped expectations. The QQQQ implied volatility inched higher.
Friday, March 26, 2010
Failed to hold gains
The early mood among market players was positive. Bernanke said interest rates can stay low for a while. The dollar's turnaround stirred profit-takers to action. Qcomm surged 5% after it increased its earnings outlook.After the close, Oracle reported weaker earnings that beat forecasts and higher revenue that also topped expectations. The QQQQ implied volatility inched higher.
