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28Feb2017 Market Update: Wall Street Down Moderately, WTI Crude In The High 53 Handle, U.S. Economy Expanded At A Slower Pace, And Expectations Of A Rebound In U.S. Shale Production Are Expected

Tuesday, February 28, 2017 11:56
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Written by Gary

The major indexes gaped down on the opening bell and after the opening fell off sharply, further deepening session losses. The afternoon session is showing some paring of morning losses (SPY -0.2%), but US markets remain moderately lower. It appears that traders are showing an abundance of caution before President Trump’s address to Congress tonight.

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