Remember that "sell in May and go away" nonsense you heard about a few months ago? In their best Italian accent, investors have simply decided to "fuggedaboutit." At least, that's what the numbers tell us, with the S&P 500
While annual performance has been solid, today looks like it will start off on the wrong foot following discouraging trade data out of China. Here's a snapshot of where futures markets stood as of this writing.
Futures Index |
Gain/Loss |
Gain/Loss % |
Value |
---|---|---|---|
Dow Jones Industrial Average | (53) | (0.4%) | 13,085 |
S&P 500 | (6.4) | (0.4%) | 1,394 |
Nasdaq |
(8.5) | (0.3%) | 2,709 |
Change of plans
You know the saying, "A bird in the hand is worth two in the bush"? Yahoo!
Coke shares get sliced
Don't panic, but Coca-Cola
Be a Fool
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