may 16 is in the books and here is what
Wall Street is and truth there was
another dull day for us markets the S&P
500 giving up some modest early gains
the SAG thereupon one percent lower in
the day technology and telecom stocks
not just of the biggest games of the day
but most other sectors ended Tuesday in
the red while the sp500 managed to close
above the 2400 point mark again the
subdued market was encapsulated by the
VIX index which serves as a proxy for
expected volatility in fare on Wall
Street VIX nudged a little higher on
Wednesday were remains rooted near a one
decade low of 10% dollars dive was one
of the few sources of excitement with
the DX wide greenback index falling for
a fourth day running to glow since
mid-november the latest Bank of America
investor survey revealed that many money
managers still reckon that the dollar is
overvalued even though the tech-heavy
Nasdaq is not considered the most
crowded trade