Stocks managed to remain not far off from recent highs. Oil prices are still sitting over $100 a barrel amid ongoing political turmoil in the Middle East. No U.S. economic reports are due today. Investors will be tuning into Fed's statement from its interest rate meeting on Tuesday. Nikkei down 6%. The implied volatility inches higher on global fears.
Monday, March 14, 2011
Hanging on despite the disaster in Japan
Stocks managed to remain not far off from recent highs. Oil prices are still sitting over $100 a barrel amid ongoing political turmoil in the Middle East. No U.S. economic reports are due today. Investors will be tuning into Fed's statement from its interest rate meeting on Tuesday. Nikkei down 6%. The implied volatility inches higher on global fears.
