Top 3 Reasons Today’s Markets Were Mixed

Markets closed mixed on Wall Street: DJI -0.39% SP500 -0.27% Nasdaq +0.24% Gold -0.96%

The markets were mixed because:

  • The market threatened to sell if Bernanke doesn’t deliver QE2 as hyped. Looks like China and other strong nations might be tampering future quantitative easing in the US. Don’t Miss: Where is the Edge in Today’s Market? >>
  • Earnings were disappointing. Big companies like Kimberly-Clark (KMB) and Sprint (S) got whacked. Don’t Miss: Today’s Earnings Cheat Sheets >>
  • Gold (GLD) got whacked like a mob hit. A fear of less quantitative easing had some of the hot money taking profits off the table.

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