Tag Archives: SKF

Stocks Lower as Shutdown Threat Looms

U.S. equities bounced around the unchanged line on Friday before ultimately finishing lower on concerns about a possible government shutdown on April 28 unless President Trump and Congress can agree on a new spending bill. With contentious issues including border wall construction, taxes and healthcare still in play, an easy deal seems unlikely.

This fear is being offset by ongoing....More>>>

Dow Loses Support for First Time Since Election Day

U.S. equities finished lower in relatively quiet trading on Wednesday. Big picture: Stocks continue in their listless, ultra-tight, two-month consolidation range. But on a purely technical basis, something major did occur: The Dow Jones Industrial Average closed below its 50-day moving average, a key technical support level for the first time since November.

The catalyst for....More>>>