Dollar Counterparts Received a Boost at the End of the Session

After a drop at the start of the session, investors grabbed the lower prices, driving the major indices to close with gains. Unfortunately investor’s didn’t pay much attention to the GDP figure yesterday, as Crude oil weighed on the session, dropping below $70. After a tri-star doji pattern the major indices were in need for a correction, but instead of taking profits, investors took advantage of the lower prices to jump on the current trend. The S&P500 closed the session with a gain of 0.28%, while the Nasdaq bounced higher finishing with a 0.24%

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Markets are in Pause Mode, Waiting the Fed’s Decision

Investors pressed the sell button yesterday, preferring to take profits on recent gains. The major stock indices closed in negative territory after presenting a choppy session. After Friday’s interesting day, economic data was brushed aside due to its low priority status, allowing investors to focus on recent earning reports.
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