Thursday, 26 March 2015

US Market Update

Fed Chair Janet Yellen speaks just before the closing bell Friday, and you can bet Wall Street will delay the start of its weekend to listen.
The Dow dropped 40 to 17,678, erasing a triple-digit loss, and the S&P 500 was off nearly 5 at 2,056. "I think it's kind of normal profit-taking. I think eventually the economic data is going to rebound and the corporate profits will come in OK, and that will take the market higher," said Andrew Burkly, head of institutional portfolio strategy at Oppenheimer Asset Management.



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