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Today's Commentary
 
Wednesday, November 26, 2014


The Dow Jones Industrial Average (DJI) moved back into the black around midday, but failed to hold on to those gains by the close.

During the session, traders weighed disappointing consumer sentiment data and flagging energy prices against the latest third-quarter gross domestic product (GDP) reading.

Elsewhere, the S&P 500 Index (SPX) retreated slightly, but not before touching a record intraday high of 2,074.21. On the flip side, the Nasdaq Composite (COMP) touched a 14-year peak of 4,774.52, and ended just above breakeven.

Meanwhile, tomorrow's docket is packed, due in part to Thursday's Thanksgiving holiday; set for release Wednesday are personal income and spending numbers, durable goods orders, and weekly jobless claims.

 
  


 
 
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