Wednesday, June 01, 2005

Market up on Fed Speculation

Well the market is up today with speculation that the Fed is going to stop the hikes. That is great news for the financials. But I have a feeling that a few weak manufacturing reports will not make the Fed stay its hand.

Dow 10549.87+82.39(+0.79%)
Nasdaq 2087.86+19.64(+0.95%)
S&P 500 1202.22+10.72(+0.90%)

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