Stocks put in a fine performance last week ahead of the much anticipated FOMC meeting this week. Basically, stocks only corrected a month from the August highs before, again, turning higher. Though quite a few stocks did undergo double-digit declines from their recent highs, the major averages did not. The cooling of the situation in Syria has taken some of the pressure off the global markets, even though it may be transitory. Investors seem to be more comfortable now with the range of potential...
Stocks put in a fine performance last week ahead of the much anticipated FOMC meeting this week. Basically, stocks only corrected a month from the August highs before, again, turning higher. Though quite a few stocks did undergo double-digit declines from their recent highs, the major averages did not. The cooling of the situation in Syria has taken some of the pressure off the global markets, even though it may be transitory. Investors seem to be more comfortable now with the range of potential...
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