Market drifting in lackluster session Stocks remain lower and continue to move in a narrow range. Declining stocks are ahead of advancing stocks by almost 2:1 on both the NYSE and Nasdaq, while up volume and down volume are essentially even on the Big Board but down volume leads up on the Nasdaq. Crude oil prices are rising, up about 2.5%, while gold is basically flat for the session. The Dow is down 17 points, the Nasdaq is down 15 points and the S&P is down 5 points.
News For NOSYMBOL From The Last 14 Days
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Bank of England maintains bank rate at 0.5% The Bank of England at its meeting today voted to maintain bank rate at 0.5%. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves at 375B pounds.
SEC to hold a commission meeting Closed Commission Meeting to discuss institution and settlement of administrative proceedings and other matters relating to enforcement proceedings will be held at SEC Washington, D.C. offices on July 10 at 2 pm.