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JUL 26, 2013 - Zero Hedge

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Miracle On NYSE - 150 Point Vert Ramp Closes Dow Green

It seems there was only one thing on the minds of the machines today - get us green (on the day and the week). Following ugliness in Asia overnight, US equity markets were sliding into the open and so cash markets opened gap down. Good-is-bad confidence data legged us down one more time leaving the Dow down over 140 points but as Europe closed things started to pick up (apart from volume). By the close, equity markets had managed an almost perfectly linear liftathon back to unchanged leaving the Dow also unchanged on the week. As we tweeted:   The US consumer isn't allowed to enter the ... Read More

Tags: Miracle On NYSE - 150 Point Vert Ramp Closes Dow Green,  Futures Latest News