EmailStock Market Update
Market Snapshot
| Dow | 12856.06 | +114.24 | (0.90%) |
| Nasdaq | 2931.06 | +35.73 | (1.23%) |
| SP 500 | 1359.22 | +14.44 | (1.07%) |
| 10-yr Note | -13/32 | 1.62% | |
| NYSE | Adv 2520 | Dec 520 | Vol 430 mln |
| Nasdaq | Adv 1900 | Dec 580 | Vol 1.29 bln |
Industry Watch
| Strong: oil and gas refining; health care facilities; commercial painting; semiconductor equipment; diversified financial services |
| Weak: health care technology; household products; oil and gas exploration and production; construction materials; construction and farming machinery; electrical components; employment services; drug retail |
Moving the Market
 |
FOMC extends "Operation Twist" through end of year Fed releases downwardly revised GDP forecast for 2012 Dollar attracts modest bid Gold and oil prices drop markedly |
Final Hour Arrives
19-Jun-12 15:00 ET
Dow +114.24
at 12856.06,
Nasdaq +35.73
at 2931.06,
S&P +14.44
at 1359.22
[BRIEFING.COM] Stocks have stabilized from a recent slip, and are slowly trying to reclaim the gains that were forfeited. As action enters the final hour of the session, the stock market is on pace for its third gain of at least 1% in only four sessions. That kind of a run has made many market participants wonder if the old trader's axiom of "buy the rumor, sell the news" might be at work ahead of tomorrow's FOMC policy announcement, which is expected by many economists and pundits to feature some new measure of economic stimulus.
