The market began the day down a good bit, but is trying to turn higher heading into midday trading. Europe continues to be the main source of uncertainty with investors shifting their attention from Greece to Spain following Greece’s weekend elections. While the elections in Greece did bring a bit of good news, it doesn’t actually solve any of the problems the eurozone has. Sign Up For Free Stock Alerts
This week will be packed with economic news as the G20 is meeting in Mexico and the Fed begins a two day meeting on Tuesday. Many investors and analysts will be looking for some kind of stimulus from the Fed following their meeting.
Stocks are currently mixed right now with the Dow down 34 points, the Nasdaq up 6 points and the S&P 500 down 2 points. [Read more...]