The S&P 500 (.SPX) is up 4.6 ponts to 1,267.5 and midway between the day’s high (1273.95) and low (1,262.90). The early rally stalled as the financials came back under pressure. The iShares Broker/Dealer Index Fund (IAI) is down 44 cents to $31.93 a share, now slipping below the 52-week low of $32.04 set last Tuesday and also below its March intraday low of $32.12.
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Category: All ETFs
About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.