Wednesday 7 May 2014

10am update - settle back for Yellen

Equities open moderately higher, but the gains are somewhat shaky, as the market awaits a few hours of Yellen. Equity bulls just need to break back into the sp'1880s, which will be enough to open the door to new index highs within the next 2-4 trading days.


sp'60min


Summary

Little to add...

I think it is really just a case of sit back..and lets see how the market is by lunch time.
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Live coverage... @  C-span

back at 12pm.
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11.39am... ..and the indexes are back to green..well, at least some of them. Surprised?