Monday, May 2, 2011

Waiting?

Bonds didn't go far today, and equities were even more restrained. Crude couldn't do much, either. This all after the Asian session, which was the only session trading when the announcement about bin Laden was made, bid DJIA futures up 100 and crude down over $1 per barrel.

Evidently, bin Laden wasn't such a big deal after all, at least not on Wall Street. Perhaps this week jobs numbers will get the traders off the fence.

No comments:

Post a Comment