Wednesday, October 27, 2010

Wall St flat before Fed action, U.S. elections

Dow closed flat ..

 Investors showed unusual caution on Tuesday, leaving U.S. stocks little changed before the potential market tumult of next week's U.S. elections and likely announcement of more stimulus from the Federal Reserve.
Next week's high-profile events could signal shifts in both monetary policy and legislative direction, raising fears that trumped Tuesday's earnings news and economic reports.
"You have a double whammy next week: Election Day and the Fed announcement," said Doug Roberts, chief investment strategist at Channel Capital in Shrewsbury, New Jersey.

Dow Jones Industrial Average

 (DJI: ^DJI)
Index Value:11,169.46
Trade Time:4:01PM EDT
Change:Up 5.41 (0.05%)
Prev Close:11,164.05
Day's Range:11,087.00 -11,184.82
52wk Range:9,596.04 -11,309.00

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