Wall Street Is Trading Flat With Deflated Trade Hopes
According to Reuters, Wall Street stumbled into the new week.
By noon on Feb.
11th, the Dow Jones Industrial Average was down about 27-points, falling to 25,079, while the Nasdaq Composite dropped about 14-points.
The S&P 500 was about flat during morning trading, rising less than 1-points.
But the benchmark index is up 15-percent since it hit a 20-month low in late December.
Those gains have been bolstered by fourth quarter earnings reports from companies traded on the S&P.
Although some companies still need to report their Q4 earnings, over 70-points of the companies that have reported beat analyst expectations.