Major indices trade back in the red
The major US indices tried to extend higher today, but are back trading in the red. Hope springs eternal for a stimulus deal but the Dems and GOP are going down different paths and the President is on a different plane vs the GOP as well. So in the short term at least, it is hard to see something getting done.
A look at the major indices currently shows:
- Dow, -11 points or -0.5% at 28592.00
- S&P index -4 points or -0.12% at 3479.50
- NASDAQ index -11 points or -0.10% at 11660
Now each of those indices are off there lows for the day as well, but the the gains could not be sustained.
