Wednesday, 20 January 2016

INTRADAY TIPS - US stocks close mixed

US stocks closed mixed Tuesday, stabilizing after a sharply lower start to the year despite pressure from a fresh decline in oil prices. The S&P 500 held above key technical level, its August low of 1,867.

 "We had a technical flash level on the S&P. ... That holding technically again will be a good thing here. Once you get through the key technicals you lose the correlation with oil," said Art Hogan, chief market strategist at Wunderlich Securities.

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