The SP 500 Index closed in the red Thursday, blowing its widely-hyped chance at a nine-day winning streak, which would have been its best run since 2004. But the run shouldn#39;t have mattered in an otherwise anemic stock market fueled by trends in bonds, not expectations about profits. Fittingly, a lousy 30-year bond auction spoiled it
The SP 500 Index closed in the red Thursday, blowing its widely-hyped chance at a nine-day winning streak, which would have been its best run since 2004. But the run shouldn#39;t have mattered in an otherwise anemic stock market fueled by trends in bonds, not expectations about profits. Fittingly, a lousy 30-year bond auction spoiled it The SP 500 Index closed in the red Thursday, blowing its widely-hyped chance at a nine-day winning streak, which would have been its best run since 2004. But the run shouldn#39;t have mattered in an otherwise anemic stock market fueled by trends in bonds, not expectations about profits. Fittingly, a lousy 30-year bond auction spoiled it Moneycontrol Latest News Read More
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