U.S. stock indexes pause after win streak NEW YOR
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U.S. stock indexes pause after win streak
NEW YORK (MarketWatch) — U.S. stocks were roughly flat Monday following a three-session rise as Europe readied to seal Greece’s rescue package and after China reported a large monthly trade deficit.
“The 13,000 level on the Dow Jones Industrial Average and the 3,000 level on the Nasdaq Composite are threshold points for traders to trigger computer-driven sell programs,” Fred Dickson, chief investment strategist at Davidson Cos., wrote in emailed research.
“It will take the combination of incrementally positive economic data and a surge of positive first-quarter earnings surprises to drive the market indices above these resistance levels,” Dickson added. http://www.marketwatch.com/story/us-stock-ind...atest_news