Moderate weakness mired the broader equity market for the entire session. Stocks were also pressured by weaker-than-expected reports on new-home sales and durable goods orders. Starbucks rose after the coffeehouse chain announced plans to pay an initial dividend. Investors will take in quarterly results from Oracle after the market closes. The QQQQ implied volatility inched higher as credit woes surfuced.
Thursday, March 25, 2010
Retreated on debt concerns
Moderate weakness mired the broader equity market for the entire session. Stocks were also pressured by weaker-than-expected reports on new-home sales and durable goods orders. Starbucks rose after the coffeehouse chain announced plans to pay an initial dividend. Investors will take in quarterly results from Oracle after the market closes. The QQQQ implied volatility inched higher as credit woes surfuced.
