Top 3 Reasons Today’s Markets Were Mixed

Markets closed mixed on Wall Street: DJI -0.14% SP500 +0.02% Nasdaq +0.25% Gold -0.28%

The markets were mixed because:

  • The Fed wants to conduct another round of Stress Tests on banks (XLF). Winners can pay dividends, losers must raise more capital.
  • Oil (USO) slid to a 4 week low. With concerns over tightening and slowing growth in China (FXI), it’s hard to be an oil bull today.

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