08Mar2017 Market Update: Wall Street Choppy As Data Strengthens Rate Hike Odds, US Major Indexes Climb Out Of Negative Territory To Post Positive Gains, Crude Prices Continue To Fall With The US Dollar Index Rising
Wednesday, March 8, 2017 11:49
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The SP 500 and the DOW swung between losses and gains today (SPY +0.2%) after a strong private hiring report raised the odds of an interest rate hike next week, lifting bank stocks while dragging rate-sensitive sectors.