Stocks spent most of the session stuck near the neutral line, but some late selling led to a lower finish as investor were cautious ahead of earnings season. Alcoa will be the first to report Q1 results Monday evening. Earnings are expected to take the stock-market spotlight much of the week. Investors will get results from Google, JPMorgan Chase and Bank of America later this week. Commodities continued to climb at a torrid clip with oil price pushed to a new two-year high. Implied volatility inched higher.
Monday, April 11, 2011
Closed in the red ahead of earnings season
Stocks spent most of the session stuck near the neutral line, but some late selling led to a lower finish as investor were cautious ahead of earnings season. Alcoa will be the first to report Q1 results Monday evening. Earnings are expected to take the stock-market spotlight much of the week. Investors will get results from Google, JPMorgan Chase and Bank of America later this week. Commodities continued to climb at a torrid clip with oil price pushed to a new two-year high. Implied volatility inched higher.
